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NEW QUESTION: 1
An auditor most likely would make inquiries of production and sales personnel concerning possible
obsolete or slow-moving inventory to support management's financial statement assertion of:
A. Existence.
B. Understandability and classification.
C. Rights and obligations.
D. Valuation and allocation.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. An audit objective for inventory valuation and allocation is to determine that slow-
moving, excess, defective and obsolete items included in inventory are properly identified. Inquiries of
production and sales personnel concerning possible excess or obsolete inventory items would support
management's assertion of valuation and allocation.
Choice "B" is incorrect. Assertions about rights and obligations deal with whether assets are the rights of
the entity and liabilities are the obligations of the entity at a given date.
Choice "C" is incorrect. Assertions about existence deal with whether assets, liabilities, and equity
interests exist at a given date.
Choice "D" is incorrect. Assertions about understandability and classification deal with whether particular
components of the financial statements are properly presented, described, and disclosed.

NEW QUESTION: 2
You have a Microsoft 365 E5 subscription.
A user attempts to send an email message to an external recipient and receives the following error message: "Your message couldn't be delivered because you weren't recognized as a valid sender. The most common reason for this is that your email address is suspected of sending spam and it's no longer allowed to send messages outside of your organization. Contact your mail admin for assistance. Remote Server returned '550 5.1.8 Access denied, bad outbound sender'." You need to ensure that the user send email to external recipients.
What should you do?
A. compliance management in the Exchange admin center
B. Data loss prevention in the Security & Compliance admin center
C. action center in the Exchange admin center
D. Threat management in the Security & Compliance admin center
Answer: D
Explanation:
http://automatica.com.au/2020/01/office-365-single-users-unable-to-send-email-access-denied-bad-outbound-sender-error/

NEW QUESTION: 3
Match the software-defined storage (SDS) attributes with their respective description.

Answer:
Explanation: