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NEW QUESTION: 1
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A. TRUE
B. FALSE
Answer: A

NEW QUESTION: 2
Which of the following procedures would yield the most reliable evidence?
A. A comparison of beginning and ending retained earnings.
B. A scanning of trial balances.
C. An inquiry of client personnel.
D. A recalculation of bad debt expense.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. The auditor's direct personal knowledge (obtained through observation, examination,
inspection, or recalculation) is one of the most reliable forms of evidence.
Choice "A" is incorrect. Scanning of trial balances may indicate areas where more attention should be
focused (e.g., unusual balances, zero balances, etc.), but would seldom provide reliable evidence in and of
itself.
Choice "B" is incorrect. Inquiry of client personnel provides evidence that is not particularly reliable, which
is why it often needs to be corroborated by the auditor.
Choice "C" is incorrect. A comparison of beginning and ending retained earnings may provide information
about certain transactions and events (e.g., dividends, income, etc.), but would not in and of itself provide
evidence supporting those items.

NEW QUESTION: 3
For machine learning to be applied effectively toward security analysis automation, it requires.
A. anomalous traffic signatures.
B. a threat feed API.
C. a multicore, multiprocessor system.
D. relevant training data.
Answer: D


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