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NEW QUESTION: 1
A corporate bond quote of "zr 04" following the name of the issuer in The Wall Street Journal signifies that
A. the quote is of a zero-coupon bond.
B. the bond is trading "flat" and matures in 2004.
C. the coupon rate on the bond is 4%.
Answer: A
Explanation:
The bond in this question is a zero-coupon (zr) bond that matures in 2004 (04). Such a bond would sell at a deep discount from par value. There would be no yield reported in the Journal because the coupon rate is zero.
NEW QUESTION: 2
Your on-premises network contains 100 virtual machines that run Windows Server 2019.
You have an Azure subscription that contains an Azure Log Analytics workspace named Workspace1.
You need to collect errors from the Windows event logs on the virtual machines.
Which two actions should you perform' Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. Create an Azure Event Grid domain
B. Configure Windows Event Forwarding on the virtual machines
C. Configure the Data Collection settings for Workspace1.
D. Create an Azure Sentinel workspace.
E. Deploy the Microsoft Monitoring Agent
Answer: D,E
NEW QUESTION: 3
In auditing long-term bonds payable, an auditor most likely would:
A. Compare interest expense with the bond payable amount for reasonableness.
B. Examine documentation of assets purchased with bond proceeds for liens.
C. Confirm the existence of individual bondholders at year-end.
D. Perform analytical procedures on the bond premium and discount accounts.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. Comparing interest expense with the bond payable amount for reasonableness
provides evidence that all interest expense was included and that the outstanding balance of the bonds
payable is reasonable, as well as providing limited evidence concerning the amortization of bond discounts
or premiums.
Choice "A" is incorrect. The auditor would recalculate bond premiums and discounts, rather than use an
analytical procedure.
Choice "B" is incorrect. The auditor would normally examine documentation of the bond instruments rather
than of assets purchased to determine the existence of any liens on the assets.
Choice "D" is incorrect. The auditor would confirm the outstanding bonds payable balance, not the
existence of individual bondholders.
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Feedbacks
Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
I successfully passed the ASM exam, now I intend to apply for ASM, you can be relatively cheaper?Or can you give me some information about ASM exam?
Eleanore - 2014-09-28 16:36:48