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NEW QUESTION: 1
To be effective, analytical procedures in the overall review stage of an audit engagement should be
performed by:
A. The staff accountant who performed the substantive auditing procedures.
B. The managing partner who has responsibility for all audit engagements at that practice office.
C. The CPA firm's quality control manager or partner who has responsibility for the firm's peer review
program.
D. A manager or partner who has a comprehensive knowledge of the client's business and industry.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. The manager and partner on a specific job generally bear a great deal of
responsibility for the audit and the report. Typically, they would perform analytical procedures during the
final review stage, to evaluate overall financial statement presentation and to assess the conclusions
reached. In order to evaluate the results of the analysis and to perform an effective review, the manager or
partner should have a comprehensive knowledge of the client's business and the industry.
Choice "A" is incorrect. It is more effective to have a manager or partner perform this review rather than a
staff accountant, because the manager or partner is generally more experienced and knowledgeable, and
because it provides a double check on the work of the staff accountant.
Choices "B" and "D" are incorrect. The managing partner and the quality control manager or partner might
not have a comprehensive knowledge of the client's business and industry.

NEW QUESTION: 2
Your network contains an Active Directory domain named contoso.com. The domain contains a domain controller named DC1 that runs Windows Server 2012 R2.
All client computers run Windows 8 Enterprise.
DC1 contains a Group Policy object (GPO) named GPO1.
You need to update the PATH variable on all of the client computers.
Which Group Policy preference should you configure?
A. Ini Files
B. Data Sources
C. Services
D. Environment
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Environment Variable preference items allow you to create, update, replace, and delete user and system environment variables or semicolon-delimited segments of the PATH variable. Before you create an Environment Variable preference item, you should review the behavior of each type of action possible with this extension.

NEW QUESTION: 3
Scenario:

A. Option D
B. Option A
C. Option C
D. Option B
Answer: B