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NEW QUESTION: 1
An auditor obtains knowledge about a new client's business and its industry to:
A. Develop an attitude of professional skepticism concerning management's financial statement
assertions.
B. Understand the events and transactions that may have an effect on the client's financial statements.
C. Make constructive suggestions concerning improvements to the client's internal control.
D. Evaluate whether the aggregation of known misstatements causes the financial statements taken as a
whole to be materially misstated.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. The auditor should obtain knowledge of the client's business and its industry in order
to determine the effect of transactions, events, and practices on the client's financial statements.
Choice "A" is incorrect. Constructive suggestions concerning improvements in the new client's internal
control are generally made after the study and evaluation of the client's internal control, performed
subsequent to planning. Knowledge about the new client's business and its industry is generally obtained
during planning.
Choice "B" is incorrect. The auditor should have an attitude of professional skepticism in conducting the
engagement, but this attitude is not necessarily related to the auditor's knowledge of the new client's
business and its industry.
Choice "C" is incorrect. The auditor should evaluate whether the aggregation of known misstatements
materially affects the financial statements, but this is done near the audit's conclusion. Knowledge about
the new client's business and its industry is generally obtained during planning.

NEW QUESTION: 2
Which Exstream design products allow business users to create content for use in Exstream applications? (Select two.)
A. Relate
B. Remote Collaboration
C. ExstreamMessagepoint
D. Designer
E. Delivery Manager
Answer: A,D

NEW QUESTION: 3
Which of the following statements about the zone priorities of the Eudemon are true? (Choose three.)
A. The priority of the DMZ is 50.
B. The priority of the Local zone is 100.
C. The priority of the Untrust zone is 5.
D. The priority of the Trust zone is 80.
Answer: A,B,C

NEW QUESTION: 4
How does a router in an MPLS environment handle a packet whose label stack has a depth of 0?
A. It uses IP routing to forward the packet
B. It discards the packet
C. It applies a label of the packet and forward It out all aver 3 Interfaces
D. It queues the packet for later transmission
Answer: A

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