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NEW QUESTION: 1
To establish the existence and ownership of a long-term investment in the common stock of a
publiclytraded company, an auditor ordinarily performs a security count or:
A. Confirms the number of shares owned that are held by an independent custodian.
B. Relies on the client's internal accounting controls if the auditor has reasonable assurance that the
control activities are being applied as prescribed.
C. Confirms the number of shares owned with the issuing company.
D. Determines the market price per share at the balance sheet date from published quotations.
Choice "B" is correct. Auditors obtain a confirmation (safekeeping list) indicating the number of shares of
stocks held by an outside independent custodian.
Choice "A" is incorrect. Even a good system of internal control does not necessarily provide sufficient
evidence of existence and ownership.
Choice "C" is incorrect. Verifying the market price doesn't provide evidence regarding ownership or
Choice "D" is incorrect. Confirmations are generally sent to the independent custodian, not to the issuing
NEW QUESTION: 2
All administrators that deal with the production domain in your organization are extremely experienced. As the lead administrator, you have been asked to change the administration console preferences for all administrators so that inline help no longer displays, since no one needs It.
Select the true statement about this scenario.
A. There is nothing you can do since inline help cannot be disabled.
B. Access WLST, connect to the domain's admin server, and use the command enable inline help (false).
C. There is nothing you can do for all users, since disabling inline help must be done per user.
D. Log into the administration console and disable Inline help under "help."
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