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NEW QUESTION: 1
An internal auditor found that the cost of some material installed on capital projects had been transferred to the inventory account because the capital budget had been exceeded. Which of the following would be an appropriate technique for the auditor to use to determine the extent of the problem?
A. Analyze a sample of capital transactions each quarter to detect instances in which installed material was transferred to inventory.
B. Compare inventory receipts with debits to the inventory account and investigate discrepancies.
C. Review all journal entries that transferred costs from capital to inventory accounts.
D. Identify variances between amounts capitalized each month and the capital budget.
Answer: C

NEW QUESTION: 2
:In order for proxy ARP to work correctly the router interface must receive a valid ARP response.
A. False
B. True
Answer: B

NEW QUESTION: 3
The Standard Deviation for the distribution of Means is called the ___________ and approaches zero as the sample size reaches 30.
A. Standard Error
B. Mean Spread
C. Mean Error
D. Mean Deviation
Answer: A

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