Answer:
1. Under the Securities Act of 1933, initial purchasers of securities may sue the auditors for misleading audited financial statements and need not prove that they relied on the financial statements. The burden of proof is on the auditors to prove that they were <u>relied</u> in the performance of their work.
2. When CPAs are associated with <u>unaudited financial statements
</u>
, a possibility exists that the client may misinterpret the extent of the CPAs' services and believe that the accountants are acting as auditors.
3. A document including audited financial statements that must be filed with the SEC by any company intending to sell its securities to the public through the mails or interstate commerce is called a <u>Form S-1.</u>
4. When damage to another is directly attributable to a wrongdoer's act, <u>proximate cause</u> is said to exist.
5. An <u>engagement letter</u> is the written contract summarizing the relationship between the auditors and the client.
Answer:
The Correct options are A and B
Explanation:
CRM system is the kind of system, which is defined as the system which stores or accumulates the customer account data in common or a single database and then make the data available through the company or business via intranet, internet and other links of network.
So, the components which it involve regarding the system are that this system is the data warehouses and the databases and it is a tool which is sophisticated analytical one.
Answer:
The correct answer is firewall monitoring.
Explanation:
Only implementing the necessary security tools (Firewall and other security devices) in itself will not secure your network, since the security data of the tools should be analyzed and the security information extracted should be informed or alerted to ensure that the network is secure. Therefore, the analysis of Firewall logs and other logs of security devices is vital to network security.
Firewall logs provide a lot of information about security threats attempts at the periphery of the network and about the nature of incoming and outgoing traffic from the firewall. The analyzed firewall log information provides administrators with real-time data about security threats attempts so that they can quickly initiate a remediation action. It allows you to plan your bandwidth requirement based on its use in all firewalls. The analysis of firewall security logs plays an important role in the assessment of business risks. The analysis of firewall traffic logs is vital to understand the use of bandwidth and network. OpManager, in addition to monitoring the network, also analyzes firewall logs and offers many features that help in the collection, analysis and generation of reports about firewall logs.
<span>The answer for this question is b. False. The first scientific approach established by Heinrich is focus on Prevention and is a linear approach that looks like a Domino effect. His model starts with the possible mistakes and according to this model by eliminating one of the factor (mistakes or possible causes of accident) an accident can be prevented. Today this model is called Domino theory. Heinrich established this model and called it Scientific Approach for Accident Prevention.</span>