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NEW QUESTION: 1
Vision Corporation is a semiconductor discrete manufacturing organization. It has its own manufacturing and distribution centers located globally.
It has these operating units:
US - USA operating unit
CAN - Canadian operating unit
UK - UK operating unit
MX - Mexican operating unit
IND - India operating unit
SPA -Spain operating unit
FRA - France operating unit
NL - Netherlands operating Unit
GER - Germany operating unit
These are the inventory organizations that exist in each operating unit:
Inventory Org - Operating unit
--------------------------------------------
VC (Master Org) - US
US1 (Child Org) - US
US2 (Child Org) - US
CA1 (Child Org) - CAN
MX1 (Child Org) - MX
IN1 (Child Org) - IND
SP1 (Child Org) - SPA
FR1 (Child Org) - FRA
NL1 (Child Org) - NL
GE1 (Child Org) - GER
Which two statements are true? (Choose two.)
A. Master organization VC cannot be shared across operating units.
B. All inventory organizations do not need to be in the same operating unit to assign items.
C. All inventory organizations do not need to be in the same operating unit to assign items.
D. Items defined in VC organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.E.Items defined in VC organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
E. Items cannot be assigned to inventory organizations across operating units.
F. You can define an item in IN1 inventory organization and assign it to GE1 inventory organization.D.You can define an item in IN1 inventory organization and assign it to GE1 inventory organization.
Answer: B,F

NEW QUESTION: 2
HOTSPOT
You have two database tables as defined below. The StateID column is unique in the State table. The AddressID column is unique in the Address table. The two tables are related by the StateID column.

Instructions: Use the drop-down menus to select the answer choice that completes each statement. Each correct selection is worth one point.

Answer:
Explanation:

NEW QUESTION: 3
Which of the following factors most likely would cause an auditor not to accept a new audit engagement?
A. An inadequate understanding of the entity's internal control.
B. An inability to perform preliminary analytical procedures before accepting the engagement.
C. Concluding that the entity's management probably lacks integrity.
D. The close proximity to the end of the entity's fiscal year.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. A conclusion that management lacks integrity would probably cause the auditor not
to accept a new engagement.
Choice "A" is incorrect. Inadequate understanding of the client's internal control would not prevent the
auditor from accepting the engagement, since that understanding could be obtained later.
Choice "B" is incorrect. Proximity to year-end would not prevent an auditor from accepting a new audit
engagement.
Choice "D" is incorrect. While analytical procedures are required during planning, this generally occurs
subsequent to accepting the engagement.