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NEW QUESTION: 1
In which of the following situations would an auditor ordinarily choose between expressing an "except for"
qualified opinion or an adverse opinion?
A. The financial statements fail to disclose information that is required by generally accepted accounting
principles.
B. Events disclosed in the financial statements cause the auditor to have substantial doubt about the
entity's ability to continue as a going concern.
C. The auditor is asked to report only on the entity's balance sheet and not on the other basic financial
statements.
D. The auditor did not observe the entity's physical inventory and is unable to become satisfied as to its
balance by other auditing procedures.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Failure to disclose information that is required by GAAP is a departure from GAAP.
Departures from GAAP result in a qualified or an adverse opinion.
Choice "A" is incorrect. If the auditor is unable to observe physical inventory and is unable to become
satisfied through alternative means, that is a scope limitation. Scope limitations result in either a qualified
opinion or a disclaimer of opinion.
Choice "C" is incorrect. The auditor can report on one financial statement and not the others. This does not
preclude issuance of an unqualified opinion.
Choice "D" is incorrect. If, after considering identified conditions and events and management's plans, the
auditor concludes that substantial doubt about the entity's ability to continue as a going concern for a
reasonable period of time remains, the audit report should include an explanatory paragraph (after the
opinion paragraph in the unqualified report) to reflect that conclusion.

NEW QUESTION: 2
You manager needs to view a collection of data records and a chart of the data records simultaneously. What should
you instruct the manager to do?
A. Create a personal report.
B. Export the Fetch XML. and then import a chart.
C. Run the Report Wizard.
D. Define a view and add a chart
Answer: C

NEW QUESTION: 3
A customer requires their administrator to enter the paternity leave for their employees. Paternity leave can only be entered if an employee hasn't taken an absence called special absence in the previous 30 days of the paternity leave start date. The customer requires also that this paternity leave absence is only available for the employees who have one year of seniority in the company. Employees should notify of the absence at least 30 days in advance of the start date of the absence; otherwise, the absence is not considered timely.
Which configuration should you use to implement these requirements?
A. 1) Create an absence type using a childbirth or placement pattern.2) Enable administrative updates.3) Create a validation formula with the logic to evaluate if the "special absence" was taken 30 days before this absence and add it to the absence type.4) Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and employees with "male" gender and add it to the absence type.5) Configure the late notification evaluation rule according to the requirement of at least 30 days in advance of the start date.
B. 1) Create an absence type using a childbirth or placement pattern.2) Enable administrative updates.3) Create a validation formula with the logic to evaluate if the "special absence" was taken 30 days before this absence and add it to the absence type.4) Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and add it to the absence type.5) Configure the late notification evaluation rule according to the requirement of at least 30 days in advance of the start date.
C. 1) Create an absence type using a childbirth or placement pattern.2) Enable administrative updates.3) Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and add it to the absence type.4) Create an absence certification of type Documentation that prevents absence entry if linked absence of type Special absence exists in the previous 30 days.
D. 1) Create an absence type using a childbirth or placement pattern.2) Enable administrative updates.3) Create a validation formula with the logic to evaluate if the "special absence" was taken 30 days before this absence and add it to the absence type.4) Create an eligibility profile with the criteria of employees with 1 or more seniority in the company and add it to the absence type.5) Select the qualified entitlements check box and set the evaluation rule to check for 30 days from the start date.
Answer: C