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Exam Code: Advanced-CAMS-Audit Dumps

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NEW QUESTION: 1
For those depreciation areas that post depreciation the general ledger, you must assign the following additional G/L accounts: (Choose Three)
A. For ordinary depreciation (accumulated depreciation accounts .expense accounts & revenue accounts for a write-up)
B. For unplanned depreciation ( accumulated depreciation accounts .expense accounts & revenue accounts for a write-up)
C. For revaluations of depreciation and for interest
D. None of the above
Answer: A,B,C

NEW QUESTION: 2
An accounts payable program posted a payable to a vendor not included in the online vendor master file. A control that would prevent this error is a:
A. Range check.
B. Validity check.
C. Reasonableness test.
D. Parity check.
Answer: B
Explanation:
Validity checks are tests of identification numbers or transaction cedes for validity by comparison with items already known to be correct or authorized. For example, social security numbers on payroll input records can be compared with Social Security numbers authorized by the personnel department.

NEW QUESTION: 3
Relative to a Design of Experiments the term Collinear refers to variables being a ________________ of each other.
A. Directly parallel
B. Linear combination
C. None of the above
D. Mirror image
Answer: B


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