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NEW QUESTION: 1
A. Kerberos
B. Basic
C. Forms
D. Windows
Answer: D
Explanation:
http://msdn.microsoft.com/en-us/library/aa292114(v=vs.71).aspx
NEW QUESTION: 2
Which of the following processes are done using an API in a two-tier procurement scenario for Procurement of Direct Marterials (J45)?
Note: There are 2 correct answers to this question.
A. Open Sales Order Report
B. Stock Visibility
C. Approve Purchase Order
D. GR/IR Clearing
Answer: B,C
NEW QUESTION: 3
Which one of the following four variables of the Black-Scholes model is typically NOT known at a point in time?
A. The future volatility of the exchange rates
B. The time to maturity
C. The underlying relevant exchange rates
D. The underlying interest rates
Answer: A
NEW QUESTION: 4
Which of the following statements is correct concerning probability proportional to size (PPS) sampling,
also known as dollar unit sampling?
A. The sampling distribution should approximate the normal distribution.
B. The sampling interval is calculated by dividing the number of physical units in the population by the
sample size.
C. Overstated units have a lower probability of sample selection than units that are understated.
D. The auditor controls the risk of incorrect acceptance by specifying that risk level for the sampling plan.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. In PPS sampling, the auditor controls the risk of incorrect acceptance by specifying
that risk level for the sampling plan. The inputs for PPS are tolerable error, risk of incorrect acceptance,
number of errors allowed, and the recorded amount of the population being sampled.
Choice "A" is incorrect. The sampling distribution does not have to approximate the normal distribution in
order for PPS sampling to be used.
Choice "B" is incorrect. Overstated units have a higher (not lower) probability of sample selection than
units that are understated, because with PPS sampling, each item is given a probability of selection in
proportion to its recorded amount (probability-proportional-to-size).
Choice "D" is incorrect. In PPS sampling, the sampling interval is calculated by dividing the recorded
amount of the population (not the number of physical units) by the sample size.
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