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NEW QUESTION: 1
A solicitation document used to obtain price quotes for a specified product or service is known as:
A. Temptation for bid
B. Price Provocation
C. Invitation for bid
D. Cost summons
Answer: C

NEW QUESTION: 2
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For which three components is a data backup needed? (Select three.)
A. directory server
B. Evidence database
C. Data Processing Service
D. application server
E. Production database
Answer: A,B,E

NEW QUESTION: 3
When an accountant compiles projected financial statements, the accountant's report should include a
separate paragraph that:
A. Documents the assessment of the risk of material misstatement due to fraud.
B. Expresses limited assurance that the actual results may be within the projected range.
C. Describes the limitations on the projection's usefulness.
D. Explains the difference between a compilation and a review.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. The accountant's report on compiled projected financial statements should include a
separate paragraph that describes the limitations on the projection's usefulness. For example, the
paragraph states that there will usually be differences between projected and actual results, and indicates
that the accountant has no responsibility to update the report for events occurring after the date of the
report.
Choice "A" is incorrect. The accountant's report on compiled projected financial statements does not
include an Explanation: of the difference between a compilation and a review.
Choice "B" is incorrect. The accountant's report on compiled projected financial statements does not
document the assessment of the risk of material misstatement due to fraud.
Choice "C" is incorrect. The accountant's report on compiled projected financial statements does not
express limited assurance that the actual results may be within the projected range. In fact, it specifically
states that no opinion or any other form of assurance is expressed, and that there usually will be
differences between projected and actual results.