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Exam Code: CTFL-AcT Dumps

Questions and Answers: 104

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NEW QUESTION: 1
Which of the following questions would an auditor most likely include on an internal control questionnaire
for notes payable?
A. Are two or more authorized signatures required on checks that repay notes payable?
B. Are assets that collateralize notes payable critically needed for the entity's continued existence?
C. Are direct borrowings on notes payable authorized by the board of directors?
D. Are the proceeds from notes payable used for the purchase of noncurrent assets?
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. An internal control questionnaire for notes payable would likely ask if direct
borrowings on notes payable are authorized by the board of directors.
Choice "A" is incorrect. Whether collateralized assets are critically needed for the entity's continued
existence is not a part of the control environment related to notes payable.
Choice "B" is incorrect. The requirement for two authorized signatures is part of the disbursements internal
control system, not the notes payable system.
Choice "C" is incorrect. Whether the proceeds of notes payable are used for current or noncurrent assets
is not a part of the notes payable internal control system.

NEW QUESTION: 2
You install Windows 7 on a new computer.
Every time you start the computer, you receive a STOP error message.
You suspect that the RAM on the computer has a problem.
You need verify the RAM on the computer.
What should you do first?
A. Start the computer, press F8, and then select Repair Your Computer.
B. Start the computer, press F8, and then select Last Known Good Configuration.
C. From a computer that runs Windows 7, copy the %systemroot%\system32\recover.exe to a bootable USB disk. Start the computer from the USB disk.
D. From a computer that runs Windows 7, copy the %systemroot%\system32\repair-bde.exe to a bootable USB disk. Start the computer from the USB disk.
Answer: A
Explanation:
Using Recovery Tools If Windows RE is included in your installation DVD-ROM, you can boot from the Windows 7 installation media, select Repair Your Computer, and then select the option to use recovery tools to access the System Recovery Options. However, you can use the method described previously (pressing F8) whether the Windows RE files are present on your DVD-ROM or not and whether you boot from your installation DVD-ROM or from hard disk. Then use the following System Recovery Option: Windows Memory Diagnostic Analyzes the computer memory (RAM) for hardware problems.

NEW QUESTION: 3
When the NodeB adds the NRCELL cell information, it binds the DU unit identifier.
A. False
B. True
Answer: B


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