DMI CPDSv2.0 Exam Questions (PDF)

CPDSv2.0 pdf
  • Exam Code: CPDSv2.0
  • Exam Name: Certificate in Professional Digital Selling 2.0 Exam
  • Q & A: 390 Questions and Answers
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CPDSv2.0 Online Test Engine
  • Exam Code: CPDSv2.0
  • Exam Name: Certificate in Professional Digital Selling 2.0 Exam
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  • Exam Code: CPDSv2.0
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NEW QUESTION: 1
Which of the following events occurring after the issuance of an auditor's report most likely would cause
the auditor to make further inquiries about the previously issued financial statements?
A. New information is discovered concerning undisclosed lease transactions of the audited period.
B. An uninsured natural disaster occurs that may affect the entity's ability to continue as a going concern.
C. A contingency is resolved that had been disclosed in the audited financial statements.
D. A subsidiary is sold that accounts for 25% of the entity's consolidated net income.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. The question addresses the subsequent discovery of facts that may have existed at
the balance sheet date. Such events will often require an adjustment to the financial statements. An
example is new information discovered about undisclosed lease transactions of the audited period. As a
result, the auditor should make further inquiry to determine whether the information is reliable and whether
the facts existed at the date of the report.
Choice "A" is incorrect. The natural disaster is an example of a subsequent event occurring after the date
of the auditor's report that the auditor has no obligation to investigate.
Choice "B" is incorrect. The resolution of a disclosed contingency is an example of a subsequent event
occurring after the date of the auditor's report that the auditor has no obligation to investigate.
Choice "D" is incorrect. Sale of a subsidiary occurring after the date of the auditor's report is an example of
a subsequent event that the auditor has no obligation to investigate.

NEW QUESTION: 2
Which of the following are syslog facilities? (Choose TWO correct answers.)
A. mail
B. remote
C. local7
D. postmaster
E. advanced
Answer: A,C

NEW QUESTION: 3
What are Kronos labor levels?
A. Organizational and accounting structures
B. Costing structures
C. Employee structures
D. Workflow structures
Answer: B

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