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NEW QUESTION: 1
Which technology can block interfaces and provide a loop-free topology?
A. VSS
B. STP
C. VLAN
D. vPC
Answer: B

NEW QUESTION: 2
Which of the following steps are parts of the process of configuring the payment program?
There are 3 correct answers to this question.
Response:
A. Configure the paying company codes
B. Configure the payment methods for each company code
C. Configure the house banks
D. Configure the G/L account field status for document entry
Answer: A,C,D

NEW QUESTION: 3
The internal auditing department has been assigned to perform an audit of a division. Based on background review, the auditor knows the following about management policies:
Company policy is to rapidly promote divisional managers who show significant success. Thus, successful managers rarely stay at a division for more than three years.
A significant portion of division management's compensation comes in the form of bonuses based on the division's profitability.
The division was identified by senior management as a turnaround opportunity. The division is growing, but is not scheduled for a full audit by the external auditors this year. The division has been growing about 7% per year for the past three years and uses a standard cost system.
During the preliminary review, the auditor notes the following changes in financial data compared to the prior year:
Sales have increased by 10%.
Cost of goods sold has increased by 2%.
Inventory has increased by 15%.
Divisional net income has increased by 8%.
If the auditor decides that there are significant problems with the standard cost system, the next audit step to perform would be to
A. Use generalised audit software to prepare a listing of gross margin by product by comparing standard cost with sales price. Select all high-gross-margin items for further investigation.
B. Interview divisional management to determine why the standard cost system has not been updated on a timely basis.
C. Schedule all variances and determine their source and their disposition, that is, whether they are allocated to inventory or cost of goods sold.
D. Select a random sample of products and review the standard cost build-up by tracing purchases to the standard cost record.
Answer: C

NEW QUESTION: 4
If 2x + 32 = 6x, what is the value of x?
A. 0
B. 1
C. 2
D. 3
E. 4
Answer: D

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