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Oklahoma Life, Accident, and Health or Sickness Producer Exam
- Exam Number/Code : Ok-Life-Accident-and-Health-or-Sickness-Producer
- Exam Name : Oklahoma Life, Accident, and Health or Sickness Producer Exam
- Questions and Answers : 213 Q&As
- Update Time: 2019-01-10
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NEW QUESTION: 1
Which of the following factors most likely would lead a CPA to conclude that a potential audit engagement
should be rejected?
A. The details of most recorded transactions are not available after a specified period of time.
B. Management has a reputation for consulting with several accounting firms about significant accounting
issues.
C. Internal control activities requiring the segregation of duties are subject to management override.
D. It is unlikely that sufficient appropriate evidence is available to support an opinion on the financial
statements.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "C" is correct. A CPA cannot render an opinion on financial statements unless he or she has
obtained sufficient appropriate audit evidence supporting that opinion. If such evidence were unlikely to be
available, the CPA would most likely reject the potential audit engagement.
Choice "A" is incorrect. The auditor takes the availability of information into account when planning the
audit, and would need to perform testing throughout the period, but this would not be cause for rejecting a
potential audit engagement.
Choice "B" is incorrect. The risk of management override is considered during planning and would not be
cause for rejecting a potential audit engagement.
Choice "D" is incorrect. Management may consult with several accounting firms, and this would not be
cause for rejecting a potential audit engagement.
NEW QUESTION: 2
Which of the following can indicate an opportunity for elastic caching?
A. None of the above
B. All of the above
C. Have a requirement to handle large volumes of transactions with no negative impact to user response times
D. Need to provide data fault tolerance and integrity to avoid system failures that could negatively impact end users
E. Customer is having response time issues or performance problems with large databases such as Oracle or DB2
Answer: D
Explanation:
Reference:
http://www03.ibm.com/systems/resources/servers_eserver_zseries_library_whitepapers_pdf_gm1306 18.pdf
NEW QUESTION: 3
You create a dynamic VLAN pool to be used for Virtual Machine Manager integration On which two other components must you ensure the VLANs m the pool are allowed? (Choose two )
A. vS witch
B. the intermediate switch
C. the Cisco UCS blade system
D. AVS
E. Cisco Nexus 1000V
Answer: A,E