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Exam Code: 1z0-1054-20

Exam Name: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials

Certification Provider: Oracle

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NEW QUESTION: 1
Morris, CPA, suspects that a pervasive scheme of illegal bribes exists throughout the operations of
Worldwide Import-Export, Inc., a new audit client. Morris notified the audit committee and Worldwide's
legal counsel, but neither could assist Morris in determining whether the amounts involved were material to
the financial statements or whether senior management was involved in the scheme. Under these
circumstances, Morris should:
A. Disclaim an opinion on the financial statements.
B. Express an adverse opinion on the financial statements.
C. Issue a special report regarding the illegal bribes.
D. Express an unqualified opinion with a separate explanatory paragraph.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "B" is correct. Since the CPA could not determine whether the suspected illegal bribes were
material to the financial statements, or whether senior management was involved in the scheme, Morris
should disclaim an opinion on the financial statements.
Choice "A" is incorrect. An unqualified opinion with a separate explanatory paragraph is not appropriate if
suspected material illegal bribes cannot be disproven.
Choice "C" is incorrect. An adverse opinion is inappropriate since the suspected material illegal bribes
have not been proven, nor has any material effect on the financial statements been determined.
Choice "D" is incorrect. Special reports are not issued regarding illegal bribes.

NEW QUESTION: 2
You create an ASP.NET MVC 2 Web application.
You implement a single project area in the application.
In the Areas folder, you add a subfolder named Test.
You add files named TestController.cs and Details.aspx to the appropriate subfolders.
You register the area's route, setting the route name to test_default and the area name to test.
You create a view named Info.aspx that is outside the test area.
You need to add a link to Info.aspx that points to Details.aspx.
Which code segment should you use?
A. <a href="<%= Html.RouteLink("Test", "test_default", new {area = "test"}, null) %>">Test</a>
B. <%= Html.RouteLink("Test", "test_default", new {area = "test"}, null) %>
C. <%= Html.ActionLink("Test", "Details", "Test", new {area = "test"}, null) %>
D. <a href="<%= Html.ActionLink("Test", "Details", "Test", new {area = "test"}, null) %>">Test</a>
Answer: C


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