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NEW QUESTION: 1
A. Option D
B. Option B
C. Option A
D. Option C
Answer: C
NEW QUESTION: 2
Which of the following is true about management representations obtained during an engagement to
review the financial statements of a nonissuer?
A. Written representations with respect to prior periods should not be provided by the current
management if they were not present during those periods.
B. Written representations need not include information concerning subsequent events.
C. Written representations should be addressed to members of management whom the accountant
believes are responsible for and knowledgeable about the matters covered in the representation letter.
D. Written representations from the current management are required for all periods being reported on.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. Written representations from the current management are required for all periods
being reported on.
Choice "B" is incorrect. Written representations from the current management are required for all periods
being reported on, even if the current management was not present during all such periods.
Choice "C" is incorrect. Written representations should be addressed to the accountant. The letter should
be signed by members of management whom the accountant believes are responsible for and
knowledgeable about the matters covered in the representation letter.
Choice "D" is incorrect. Written representations should include information concerning subsequent events.
NEW QUESTION: 3
You have created multiple references for an object in your workarea structure. You would like an overview of how many references you have created and where they are located. How does the Producer support this requirement? Note: There are 2 correct Answer to this question.
A. Objects referenced multiple times have a different color in the Project Explorer tree.
B. References are automatically displayed in the Description field of the object.
C. Numbers displayed in front of the object indicate the number of references.
D. In the Reference Tree and Reference List, you can jump directly to a linked object in the tree.
Answer: C,D
NEW QUESTION: 4
A. Option D
B. Option B
C. Option A
D. Option C
Answer: C