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NEW QUESTION: 1
In which of the following situations would an auditor ordinarily choose between expressing a qualified
opinion or an adverse opinion?
A. The auditor is unable to apply necessary procedures concerning an investor's share of an investee's
earnings recognized on the equity method.
B. There has been a change in accounting principles that has a material effect on the comparability of the
entity's financial statements.
C. The auditor did not observe the entity's physical inventory and is unable to become satisfied about its
balance by other auditing procedures.
D. Conditions that cause the auditor to have substantial doubt about the entity's ability to continue as a
going concern are inadequately disclosed.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Inadequate disclosure of the substantial doubt about an entity's ability to continue as
a going concern is a departure from GAAP, resulting in either a qualified or adverse opinion.
Choices "A" and "D" are incorrect. Scope limitations result in either a qualified opinion or in a disclaimer of
opinion, but not in an adverse opinion.
Choice "C" is incorrect. A change in accounting principle results in a modified unqualified report, as long as
the change was accounted for properly.

NEW QUESTION: 2
Which of the following wireless security measures can an attacker defeat by spoofing certain properties of
their network interface card?
A. WEP
B. Disabled SSID broadcast
C. MAC filtering
D. TKIP
Answer: C
Explanation:
Section: Threats and Vulnerabilities
Explanation/Reference:
Explanation:
MAC filtering is typically used in wireless networks. In computer networking, MAC Filtering (or GUI filtering,
or layer 2 address filtering) refers to a security access control method whereby the 48-bit address assigned
to each network card is used to determine access to the network.
MAC addresses are uniquely assigned to each card, so using MAC filtering on a network permits and
denies network access to specific devices through the use of blacklists and whitelists. While the restriction
of network access through the use of lists is straightforward, an individual person is not identified by a MAC
address, rather a device only, so an authorized person will need to have a whitelist entry for each device
that he or she would use to access the network.
While giving a wireless network some additional protection, MAC filtering can be circumvented by scanning
a valid MAC (via airodumping) and then spoofing one's own MAC into a validated one.

NEW QUESTION: 3
Section C (4 Mark)
Suppose Nifty is at 4500 in May. An investor, Mr. A, executes a Long Strangle by buying a Rs. 4300 Nifty Put for a premium of Rs. 23 and a Rs 4700 Nifty Call for Rs 43.
What would be the Net Payoff of the Strategy?
* If Nifty closes at 4232
* If Nifty closes at 5241
A. 2 and 475
B. 91 and 145
C. 45 and 51
D. 120 and -431
Answer: A

NEW QUESTION: 4
Which Web Intelligence viewing preference allows you to work with Web Intelligence documents even if you are not able to connect to the Central Management Server?
A. Rich Internet Application
B. Desktop
C. PDF
D. Web
Answer: B