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Allisons and Co is a firm of Chartered Accountants. It has a reputation for excellence in the banking and insurance industry and has been invited to accept engagements by various institutions. Recently it has been invited by Nationally plc, the leading building society in the UK.
Which of the following usages would be the BEST use of an engagement letter for Allisons and Co?
A. Endorsement of cooperation from other auditors of Nationally plc.
B. Confirmation of management representation letter of Nationally plc.
C. Provides access to all books, accounts and vouchers required for audit purpose of Nationally plc.
D. Auditor will obtain sufficient appropriate audit evidence for the audit of Nationally plc.
Answer: C
NEW QUESTION: 2
Which of the following is used to facilitate communications with a user's smartphone in order to make purchases and payments by proximity?
A. NFC
B. Bluetooth
C. WPS
D. IR
Answer: A
NEW QUESTION: 3
Which of the following would require careful monitoring in the child with ADHD who is receiving
Methylphenidate (Ritalin):
A. Height and weight
B. Excessive appetite
C. Dental health
D. Mouth dryness
Answer: A
Explanation:
Ritalin can affect the child's growth and development. Dental problems are more likely to
occur in children under going TCA therapy. Mouth dryness is an expected side effect of Ritalin since it
activates the SNS. Also loss of appetite is more likely to happen, not increase in appetite.
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