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NEW QUESTION: 1
Which of the following procedures would an auditor most likely perform to obtain assurance that
slowmoving and obsolete items included in inventories are properly identified?
A. Examining an analysis of inventory turnover.
B. Confirming inventories at locations outside the entity's premises.
C. Testing shipping and receiving cutoff procedures.
D. Tracing inventory observation test counts to perpetual listings.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Examining an analysis of inventory turnover helps identify slow-moving, excess,
defective, and obsolete items included in inventories. In order for inventory to be properly valued, these
items may need to be written down.
Choice "A" is incorrect. Testing shipping and receiving cutoff provides evidence regarding completeness of
inventory and rights and obligations related to inventory, but it does not provide evidence regarding the
identification and valuation of slow-moving and obsolete items.
Choice "B" is incorrect. Confirming inventories at locations outside the entity's premises provides evidence
regarding existence and completeness of inventory, but it does not provide evidence regarding the
identification and valuation of slow-moving and obsolete items.
Choice "D" is incorrect. Tracing inventory observation test counts to perpetual listings provides evidence
regarding the completeness of inventory, but it does not provide evidence regarding the identification and
valuation of slow-moving and obsolete items.

NEW QUESTION: 2
A user is launching an instance.
He is on the "Tag the instance" screen.
Which of the below mentioned information will not help the user understand the functionality of an AWS tag?
A. Each tag will have a key and value
B. The maximum value of the tag key length is 64 unicode characters
C. AWS tags are used to find the cost distribution of various resources
D. The user can apply tags to the S3 bucket
Answer: B
Explanation:
AWS provides cost allocation tags to categorize and track the AWS costs. When the user applies tags to his AWS resources, AWS generates a cost allocation report as a comma-separated value (CSV file. with the usage and costs aggregated by those tags. Each tag will have a key-value and can be applied to services, such as EC2, S3, RDS, EMR, etc. The maximum size of a tag key is
128 unicode characters.

NEW QUESTION: 3

A. Option B
B. Option C
C. Option A
D. Option D
Answer: D
Explanation:
Explanation/Reference: http://pubs.vmware.com/vsphere-55/index.jsp#com.vmware.vsphere.hostclient.doc/GUIDB3522FF1-76FF-419D-8DB6F15BFD4DF12A.html?resultof=%2522%2572%2564%256d%2522%2520