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NEW QUESTION: 1
Host1's application generates a payload of 2500B of data and sends to Host2.
When the application on Host2 receives the payload it will be:
A. less than 2500B due to decapsulation.
B. 2500B in size.
C. more than 2500B due to encapsulation.
D. 1500B due to the default MTU settings.
Answer: B
Explanation:
Explanation/Reference:
http://techterms.com/definition/payload

NEW QUESTION: 2
"In connection with an audit of our financial statements, management has prepared, and furnished to our
auditors a description and evaluation of certain contingencies." The foregoing passage most likely is from
a(an):
A. Financial statement footnote disclosure.
B. Audit inquiry letter to legal counsel.
C. Audit committee's communication to the auditor.
D. Management representation letter.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. Legal counsel is best able to corroborate the description and evaluation of
contingencies provided by management.
Choice "B" is incorrect. The management representation letter serves to confirm, in writing,
representations provided to the auditor. It does not include a statement indicating that management has
prepared and furnished a list of contingencies.
Choice "C" is incorrect. The audit committee would not communicate to the auditor regarding the list of
contingencies prepared by management.
Choice "D" is incorrect. It would be inappropriate to indicate in the footnotes whether specific information
was provided by management to the auditor.

NEW QUESTION: 3
Which ONE of the following deals with problems that arise with existing accounting standards?
A. International Accounting Standards Committee Foundation (IASCF)
B. Standards Advisory Council (SAC)
C. International Financial Reporting Interpretation Committee (IFRIC)
D. International Accounting Standards Board (IASB)
Answer: C

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