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NEW QUESTION: 1
Which of the following professional services would be considered an attestation engagement?
A. Advocating on behalf of a client about trust tax matters under review by the Internal Revenue Service.
B. Advising management in the selection of a computer system to meet business needs.
C. Providing financial analysis, planning, and capital acquisition services as a part-time, in-house
controller.
D. Preparing the income statement and balance sheet for one year in the future based on client
expectations and predictions.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. Preparing future financial statements constitutes a compilation of prospective
financial statements, which is considered to be an attestation service.
Choices "A" and "C" are incorrect. Attestation engagements specifically exclude advocacy services and
consulting services.
Choice "B" is incorrect. Attest engagements include those in which a practitioner is engaged to issue or
does issue an examination, a review, or an agreed-upon procedures report on subject matter, or on an
assertion about the subject matter, that is the responsibility of another party, as well as engagements
related to prospective financial statements. Performing the role of in-house controller part-time does not fit
into any of these categories.
NEW QUESTION: 2
OSPF supports two authentication modes: area authentication and interface authentication.
The two authentication modes cannot be configured at the same time.
A. True
B. False
Answer: B
NEW QUESTION: 3
In marketing, ensure that the following settings for campaign-based lead creation in sales are available:
Response:
A. None of above
B. Action for lead creation and Assignment of the action to the category
C. Point one and two
D. Category for lead creation
Answer: C
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