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Vendor: ACRP

Exam Code: ACRP-CP Dumps

Questions and Answers: 104

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NEW QUESTION: 1

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

NEW QUESTION: 2
A company makes lubricants and greases used in the automotive industry. The company plans to implement Dynamics 365 for Finance and Operations. The system must meet the following requirements:
* Schedule the batch production of products.
* Plan for inventory fluctuations of ingredients that are used across different products.
* Schedule delivery of amounts of proprietary compounds used during production from vendors to keep production runs on schedule and eliminating excess stock on hand or delayed production.
The company is starting the initial setup of their Dynamics 365 environment.

Answer:
Explanation:


NEW QUESTION: 3
Which two partitioning methods are suitable for a parent table when using reference partitioning in Oracle Database 12c?
A. list partitioning
B. hash partitioning
C. range partitioning
D. system partitioning
E. Interval partitioning
Answer: D,E

NEW QUESTION: 4
This question will represent a statement, question, excerpt, or comment taken from various parts of an
auditor's documentation file. Letter choices A-P represent a list of the likely sources of the statement,
question, excerpt, or comment. Select, as the best answer for each item, the most likely source. Select
only one source for each item. It is our opinion that the possible liability to the company in this proceeding
is nominal in amount.
A. Auditor's communications on significant deficiencies in internal control.
B. Auditor's communication to those charged with governance (other than with respect to significant
deficiencies in internal control).
C. Partner's engagement review notes.
D. Practitioner's report on management's assertion about an entity's compliance with specified
requirements.
E. Report on the application of accounting principles.
F. Request for bank cutoff statement.
G. Communication from those charged with governance to the auditor.
H. Accounts receivable confirmation request.
I. Lawyer's response to audit inquiry letter.
J. Explanatory paragraph of an auditor's report on financial statements.
K. Successor auditor's communication with predecessor auditor.
L. Audit inquiry letter to legal
counsel.
M. Management representation letter.
N. Auditor's engagement letter.
O. Predecessor auditor's communication with successor auditor.
P. Letter for underwriters.
Answer: G
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. In response to an audit inquiry letter, a lawyer would provide corroboration regarding
the likelihood of an unfavorable outcome to pending litigation and an estimate of any potential loss.


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