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Exam Code: C-TADM70-21
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NEW QUESTION: 1
When a CPA reports on audited financial statements prepared on the cash receipts and disbursements
basis of accounting, the report should:
A. Include a separate explanatory paragraph that discusses the justification for, and the CPA's
concurrence with, the departure from GAAP.
B. Explain why this basis of accounting is more useful for the readers of this entity's financial statements
C. Refer to the note in the financial statements that describes management's responsibility for the
D. State that the basis of presentation is a comprehensive basis of accounting (OCBOA) other than
Choice "C" is correct. A report on other comprehensive basis of accounting ("OCBOA") financial
statements should include an explanatory paragraph stating the basis, referring to the footnote that
describes it, and indicating that it is a non-GAAP basis.
Choice "A" is incorrect. A report on other comprehensive basis of accounting ("OCBOA") financial
statements does not include an evaluation of the usefulness of the basis of accounting.
Choice "B" is incorrect. A report on other comprehensive basis of accounting ("OCBOA") financial
statements makes reference to the note in the financial statements that describes the accounting basis,
not to a note describing management's responsibility.
Choice "D" is incorrect. The separate explanatory paragraph states the basis, refers to the footnote
describing it, and indicates that it is a non-GAAP basis. It does not discuss the justification for the non-
GAAP basis, nor does the CPA indicate concurrence.
NEW QUESTION: 2
See solution below.
We should create a public IP address.
Step 1: At the top, left corner of the portal, select + Create a resource.
Step 2: Enter public ip address in the Search the Marketplace box. When Public IP address appears in the search results, select it.
Step 3: Under Public IP address, select Create.
Step 4: Enter, or select values for the following settings, under Create public IP address, then select Create:
SKU: Basic SKU
IP Version: IPv6
IP address assignment: Dynamic
Subscription: Select appropriate
Resource group: Select appropriate
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