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NEW QUESTION: 1
In evaluating the reasonableness of an accounting estimate, an auditor would be least likely to use which
of the following approaches?
A. Review and test the process used to develop the estimate.
B. Review the minutes of board of directors and shareholder meetings for discussion of the estimate.
C. Review subsequent events or transactions occurring prior to audit completion.
D. Develop an independent expectation of the estimate.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. Even if estimates were discussed during board meetings and/or shareholder
meetings, it is unlikely that review of such discussion would provide evidence that the estimate is
reasonable.
Choices "A", "B", and "C" are incorrect. Reviewing subsequent events, developing an independent
expectation, and reviewing and testing the process used to develop the estimate are all appropriate
methods used to evaluate the reasonableness of an accounting estimate.

NEW QUESTION: 2

A. Option B
B. Option A
C. Option D
D. Option C
Answer: B

NEW QUESTION: 3
Which services are installed on every Veeam Backup Proxy server? (Choose the 2 appropriate options)
A. Veeam Installer service
B. Veeam Backup Catalog service
C. Veeam Backup service
D. Veeam Data Mover service
Answer: A,D

NEW QUESTION: 4

A. Option B
B. Option C
C. Option A
D. Option D
Answer: B


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