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NEW QUESTION: 1
In evaluating the reasonableness of an accounting estimate, an auditor would be least likely to use which
of the following approaches?
A. Develop an independent expectation of the estimate.
B. Review and test the process used to develop the estimate.
C. Review the minutes of board of directors and shareholder meetings for discussion of the estimate.
D. Review subsequent events or transactions occurring prior to audit completion.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. Even if estimates were discussed during board meetings and/or shareholder
meetings, it is unlikely that review of such discussion would provide evidence that the estimate is
reasonable.
Choices "A", "B", and "C" are incorrect. Reviewing subsequent events, developing an independent
expectation, and reviewing and testing the process used to develop the estimate are all appropriate
methods used to evaluate the reasonableness of an accounting estimate.

NEW QUESTION: 2

$ orapwd file = orapworcl entries = 5 ignorecase=N

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

NEW QUESTION: 3
Which of the following attacks only requires a single account and performs only normal blockchain operations?
A. Routing Attack
B. Replay Attack
C. Eclipse Attack
D. 51% Attack
Answer: B