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NEW QUESTION: 1
Which WAN Optimization feature can accelerate the transfer of several similar, uncompressed files between two locations? (Two files are called similar, if their editing distance is small, compared to the size of the files. For example, if one file can be obtained from another one by inserting or deleting a small fragment.)
A. Bandwidth Management
B. Object Caching
C. Byte Caching
D. Protocol Optimization
Answer: C
Explanation:
Explanation/Reference:
Reference: http://www.bluecoat.com/sites/default/files/product_tech_primers/Compression.1.pdf (last paragraph with cream background)
NEW QUESTION: 2
An auditor is required to obtain an understanding of the entity's business, including business cycles and
reasons for business fluctuations. What is the audit purpose most directly served by obtaining this
understanding?
A. To assist the auditor to accurately interpret information obtained during an audit.
B. To enable the auditor to accurately identify significant deficiencies.
C. To allow the auditor to more accurately perform tests of controls.
D. To decide whether it will be necessary to perform analytical procedures.
Answer: A
Explanation:
Choice "b" is correct. As part of audit planning, the auditor should obtain an understanding of the entity's
business. This understanding enables the auditor to better understand events, transactions, and practices
that may affect the financial statements, to plan and perform appropriate audit tests, and to properly
understand and evaluate the results of those tests. Choice "a" is incorrect. Obtaining an understanding of
the entity's business would not be particularly helpful in identifying significant deficiencies. Significant
deficiencies in internal control are typically identified during the fieldwork stage of the audit. Choice "c" is
incorrect. Obtaining an understanding of the entity's business would not result in a more accurate
performance of tests of controls. Accurate performance of audit tests is dependent upon factors such as
existence of an appropriate audit trail, client cooperation, training and supervision of audit staff, etc.
Choice "d" is incorrect. Analytical procedures are always required in an audit during the planning and
overall review stages.
NEW QUESTION: 3
What does correlation between two variables measure?
A. Symmetry of a joint distribution of the two variables.
B. The proportion of variability in one of the variables that is explained by the other.
C. Association between the two variables and the strength of a possible statistical relationship.
D. Extreme returns of both variables.
Answer: C
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