Which of the Following Is Not a Common Test of Control

question 14

Multiple Choice

Which of the following is not a common test of control for marketable securities?

• A) Review the minutes of the board meetings.
• B) Review broker's advice for accurate recording of security
• C) Inquire of management about its process for reclassifications.
• D) Review reports of internal audits.

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Definitions:

Spectrum

A continuum or range of values, conditions, or variables.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, leading to a loss of reality perception.

Twins

Siblings born at the same time from the same pregnancy, which can be either identical (from one egg) or fraternal (from two different eggs).

Symptoms

The signs or manifestations of a disease or condition, which can be physical, psychological, or emotional.