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NEW QUESTION: 1
Z Tools would like to use bills of materials to define a tool kit that they sell. However, they would like the option to substitute the items in a tool kit in case some items are not available or the customer prefers a different item.
Which type of bill of materials allows for substitutions in a sales document?
Please choose the correct answer.
Response:
A. A 'sales bill of materials'
B. A 'production bill of materials'
C. An 'assembly bill of materials'
D. A 'template bill of materials'
Answer: D

NEW QUESTION: 2
In an audit of contingent liabilities, which of the following procedures would be least effective?
A. Examining customer confirmation replies.
B. Reading the minutes of the board of directors.
C. Examining invoices for professional services
D. Reviewing a bank confirmation letter.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Customer confirmations relate to receivables, and would not be likely to disclose a
contingent liability.
Choice "A" is incorrect. A standard bank confirmation will most likely identify contingent liabilities because
it contains confirmation of discounted drafts and/or guarantees of notes and/or other open letters of credit.
Choice "C" is incorrect. Examining professional invoices may disclose a contingent liability. For example,
invoices from attorneys may provide information regarding litigation, claims, and assessments.
Choice "D" is incorrect. Reviewing the board minutes may identify a contingent liability. For example, the
board may discuss contingencies during one of its meetings. Other procedures that may be effective in an
audit of contingent liabilities include: Discussing long-term purchase commitments with the purchasing
agent. Reviewing long-term leases. Obtaining a client representation letter.

NEW QUESTION: 3
Which additional OSPF states does an OSPF router go through when forming an adjacency with a DR or BDR that it does not go through with a DROTHER? (Select three.)
A. exchange state
B. full state
C. loading state
D. down state
E. init state
F. two-way state
Answer: A,B,C
Explanation:
The correct answers are D, E and F.
Choices a, d, and e are incorrect because an OSPF router will go through these three states with all OSPF routers: DROTHERs, DRs, and BDRs