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NEW QUESTION: 1
When auditing prepaid insurance, an auditor discovers that the original insurance policy on plant
equipment is not available for inspection. The policy's absence most likely indicates the possibility of a
(an):
A. Deficiency in the coinsurance provision.
B. Lien on the plant equipment.
C. Insurance premium due but not recorded.
D. Understatement of insurance expense.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. If an auditor discovers that the original insurance policy on plant equipment is not
available for inspection, this most likely indicates that there is a lien on the plant equipment, since the
original policy would likely be in the possession of the lien holder.
Choices "A", "B", and "D" are incorrect. The absence of the original policy does not necessarily indicate
that there is an insurance premium due but not recorded, that there is a deficiency in the coinsurance
provision, or that insurance expense is understated, since the policy must be reviewed before any of these
conclusions can be drawn.
NEW QUESTION: 2
Which engine do most SAP HANA Live views use?
Please choose the correct answer.
Response:
A. SQL engine
B. Join engine
C. Calculation engine
D. OLAP engine
Answer: A
NEW QUESTION: 3
A company runs mission-critical infrastructure in a single data center. Due to business growth, it plans to open more data centers in the coming years. A network engineer is asked to recommend a network technology for data center interconnection that allows scalability and seamless VM mobility while providing maximum security and fault isolation between data centers.
Which technology must be used to meet these requirements?
A. UDLD
B. TrustSec
C. OTV
D. CloudSec
Answer: C