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Commerce · Q475

Auditing

Graduate and Post Graduate · Commerce · question 475

Q475

Which of the following controls would ensure that securities are not lost, stolen or diverted?

A.
Establish physical barriers over investment securities
B.
Maintain files of authorized signatures
C.
Segregate investment approval from accounting and from custody of securities
D.
All of the above
Answer

Answer: Option D

Solution

Answer: Option D
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