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NEW QUESTION: 1
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You are designing the deployment of resources in Azure.
You plan to use templates to customize deployment options.
You need to ensure that Azure services are deployed and updated identically.
Solution: You customize the output element of the template.
Does the solution meet the goal?
A. Yes
B. No
Answer: B

NEW QUESTION: 2
As a portfolio manager, you are comparing the yields on investment grade 10-year corporate bonds and the 10-year on-the-run Treasury. You notice that a bond issued by Ink, Inc. has a yield of 7.8% while the Treasury yields 6.02%. Calculate the yield ratio.
A. 0.78
B. 0.77
C. 1.3
Answer: C
Explanation:
The formula is Yield on Bond A / Yield on Bond B.
Bond B is normally the benchmark
Treasury issue. The yield ratio is calculated as 7.80 / 6.02 = 1.3.

NEW QUESTION: 3
An auditor uses the knowledge provided by the understanding of internal control and the final assessed
risk of material misstatement primarily to determine the nature, timing, and extent of the:
A. Compliance tests.
B. Tests of controls.
C. Substantive tests.
D. Attribute tests.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. An auditor uses the knowledge provided by the understanding of internal control and
the final assessed risk of material misstatement primarily to determine the nature, timing, and extent of the
substantive tests to be performed.
Choices "A", "B", and "C" are incorrect. Attribute tests, compliance tests, and tests of controls are all tests
that assist the auditor in assessing control risk and determining the final assessed risk of material
misstatement, not the other way around.