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Vendor: AGA

Exam Code: GFMC Dumps

Questions and Answers: 104

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NEW QUESTION: 1
An auditor would least likely initiate a discussion with those charged with governance concerning:
A. Disagreements with management as to accounting principles that were resolved during the current
year's audit.
B. The maximum dollar amount of misstatements that could exist without causing the financial statements
to be materially misstated.
C. Indications of fraud and illegal acts committed by a corporate officer that were discovered by the
auditor.
D. The methods used to account for significant unusual transactions.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. The auditor's consideration of materiality is a matter of professional judgment and is
influenced by the auditor's perception of the needs of a reasonable person who will rely on the financial
statements. Materiality assessments are not typically discussed with those charged with governance.
Choice "A" is incorrect. The auditor should communicate with those charged with governance about the
appropriateness of significant accounting policies, such as the methods used to account for significant
unusual transactions.
Choice "C" is incorrect. The auditor should inform those charged with governance of illegal acts that come
to the auditor's attention during the course of the audit. Fraud involving senior management should also be
reported directly to those charged with governance.
Choice "D" is incorrect. The auditor should discuss with those charged with governance any
disagreements with management, whether or not they were satisfactorily resolved, about matters that
individually or in the aggregate could be significant to the entity's financial statements or the auditor's
report.

NEW QUESTION: 2
CORRECT TEXT
In order to have all requests matching the ACL acl_static_content directed to the servers defined
in server_pool, which HAProxy directive is required in the following declaration? (Specify ONLY the missing directive)
______ server_pool if acl_static_content
Answer:
Explanation:
use_backend

NEW QUESTION: 3
Which data element is required to be defined and activated to facilitate polling of the system when updating a Start Center's KPI portlet?
A. Properties
B. Cron Task
C. Escalation
D. Workflow
Answer: B
Explanation:
Explanation/Reference:
Explanation:


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