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NEW QUESTION: 1
An accountant may accept an engagement to apply agreed-upon procedures to prospective financial
statements provided that:
A. Use of the report is restricted to the specified parties.
B. Responsibility for the adequacy of the procedures performed is taken by the accountant.
C. The prospective financial statements are also examined.
D. Negative assurance is expressed on the prospective financial statements taken as a whole.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. An accountant may accept an engagement to apply agreed-upon procedures to
prospective financial statements provided that certain conditions are met, including that the use of the
report be restricted to the specified parties.
Choice "B" is incorrect. There is no requirement that the prospective financial statements be examined. In
fact, the practitioner's report on the application of agreed-upon procedures states that the auditor did not
perform an examination.
Choice "C" is incorrect. The specified parties must understand that they take responsibility for the
sufficiency of the attest procedures.
Choice "D" is incorrect. No assurance is expressed in an agreed-upon procedures engagement.

NEW QUESTION: 2
You need to send a notification to customers about invoices with outstanding balances at the end of the month.
Which three actions should you complete? Each correct answer presents part of the solution. (Choose three.)
A. set up customer write-off reason codes
B. create collection letters
C. post collection letters.
D. set up a collection letter sequence on the posting profile.
E. post an accounts payable invoice journal
Answer: B,C,D
Explanation:
Explanation/Reference:
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/accounts-receivable/tasks/ process-collection-letters

NEW QUESTION: 3
An engineer changed a configuration and must perform a rollback.
Which statement applies to a Cisco Nexus 5600 Series Switch?
A. The configuration rollback functionality is disabled when FCoE is enabled.
B. A user who is assigned to the network-operator user role can perform a rollback.
C. A system checkpoint is generated automatically when the running configuration is saved to NVRAM.
D. Errors are skipped when an atomic rollback type is triggered.
Answer: A

NEW QUESTION: 4
The Phase 4 of DITSCAP C&A is known as Post Accreditation. This phase starts after the system has been accredited in Phase 3. What are the process activities of this phase?
Each correct answer represents a complete solution. Choose all that apply.
A. Security operations
B. System operations
C. Change management
D. Maintenance of the SSAA
E. Compliance validation
F. Continue to review and refine the SSAA
Answer: A,B,C,D,E