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NEW QUESTION: 1
An auditor selected items for test counts while observing a client's physical inventory. The auditor then
traced the test counts to the client's inventory listing. This procedure most likely obtained evidence
concerning management's assertion of:
A. Existence.
B. Completeness.
C. Rights and obligations.
D. Valuation.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. When an auditor selects items for test counts and traces the test counts to the
client's inventory listing, the auditor has obtained evidence concerning management's assertion of
completeness (All inventory on hand has been properly included in the physical listing.)
Choice "A" is incorrect. The assertion of rights and obligations would be tested by examining paid vendor's
invoices, consignment agreements, and contracts.
Choice "C" is incorrect. The assertion of existence would be supported by selecting from a sample of
inventory items included in the physical listing and tracing to the floor to determine that the inventory was
actually on hand. (Note how changing the direction of testing provides evidence for different assertions.)
Choice "D" is incorrect. Valuation pertains to presentation of balances at their appropriate amounts,
whereas tracing test counts to the client's inventory listing relates to the testing of inventory quantities.

NEW QUESTION: 2
When you design a switched network using VTPv2, how many VLANs can be used to carry user traffic?
A. 0
B. 1
C. 2
D. 3
E. 4
F. 5
Answer: D
Explanation:
VTP versions 1 and 2 Supports normal VLAN numbers (1-1001). Only VTP version 3 supports extended VLANs (1-4095). Reference:http://cciememo.blogspot.com/2012/11/difference-between-vtp-versions.html

NEW QUESTION: 3
What is the most common design requirement when creating a data center solution?
A. virtualization of network resources
B. high availability with disaster recovery
C. multicore CPU servers
D. traffic inspection for inbound traffic
Answer: B