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NEW QUESTION: 1
Morris, CPA, suspects that a pervasive scheme of illegal bribes exists throughout the operations of
Worldwide Import-Export, Inc., a new audit client. Morris notified the audit committee and Worldwide's
legal counsel, but neither could assist Morris in determining whether the amounts involved were material to
the financial statements or whether senior management was involved in the scheme. Under these
circumstances, Morris should:
A. Express an adverse opinion on the financial statements.
B. Disclaim an opinion on the financial statements.
C. Issue a special report regarding the illegal bribes.
D. Express an unqualified opinion with a separate explanatory paragraph.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Since the CPA could not determine whether the suspected illegal bribes were
material to the financial statements, or whether senior management was involved in the scheme, Morris
should disclaim an opinion on the financial statements.
Choice "A" is incorrect. An unqualified opinion with a separate explanatory paragraph is not appropriate if
suspected material illegal bribes cannot be disproven.
Choice "C" is incorrect. An adverse opinion is inappropriate since the suspected material illegal bribes
have not been proven, nor has any material effect on the financial statements been determined.
Choice "D" is incorrect. Special reports are not issued regarding illegal bribes.

NEW QUESTION: 2
A computer turns on and a "Date and Time Not Set" message appears on the screen after the manufacturer logo. Which of the following is the MOST possible cause?
A. The computer was not shut down properly.
B. The OS has stopped synching with the NTP server.
C. The system BIOS is corrupted.
D. The CMOS battery needs to be replaced.
Answer: D

NEW QUESTION: 3
A Backup Administrator needs to create a fully functional VM at a secondary location in an isolated network, and the VM should not require manual editing or modifications to the configuration. Which of the following jobs could the Backup Administrator use?
(choose the 2 appropriate options)
A. Replication Job
B. VM Copy Job
C. SureBackup Job
D. Configuration Backup Job
E. Backup Job
Answer: B,C

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