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Vendor: CIPS

Exam Code: L4M7 Dumps

Questions and Answers: 104

Product Price: $69.00

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NEW QUESTION: 1
You want to create a online spare of a Raid 1 what is needed in order to accommodate this?
A. Smart Array advanced License
B. ORCA
C. P770 controller
D. 2 extra disks
Answer: A,B
Explanation:
Use Smart Array Advanced License Start up in ORCA Create RAID1 ADM

NEW QUESTION: 2
Sales of the Greenvale and Smithtown Branches of SuperBooks

The graph above shows the sales by month for the Greenvale and Smithtown branches of SuperBooks.
From January through May, how much more money did the Smithtown branch gross in sales than the
Greenvale branch?
Answer:
Explanation:
4000
Explanation/Reference:
The Greenvale sales, represented by the light bars, for the months of January through May respectively
were $22,000, $36,000, $16,000, $12,000, and $36,000, for a total of $122,000. The Smithtown sales,
represented by the dark bars, for the months of January through May respectively were $26,000, $32,000,
$ 16,000, $30,000, and $22,000, for a total of $126,000. The Smithtown branch grossed $126,000 -
$ 122,000 = $4,000 more than the Greenvale branch.

NEW QUESTION: 3
Which of the following auditing procedures most likely would provide assurance about a manufacturing
entity's inventory valuation?
A. Reviewing shipping and receiving cutoff procedures for inventories.
B. Tracing test counts to the entity's inventory listing.
C. Testing the entity's computation of standard overhead rates.
D. Obtaining confirmation of inventories pledged under loan agreements.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. Testing the entity's computation of standard overhead rates generally provides
assurance about a client's inventory valuation.
Choice "B" is incorrect. Obtaining confirmation of inventories pledged under loan agreements provides
assurance about the appropriate presentation, description, and disclosure of such matters in the financial
statements.
Choice "C" is incorrect. Reviewing shipping and receiving cutoff procedures for inventories provides
assurance about completeness and existence of inventory.
Choice "D" is incorrect. Tracing test counts to the entity's inventory listing provides assurance about the
completeness of the client's listing.


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