Auditing Marketable Securities List the Common Substantive Procedures Used to Address the Risks

question 53

Essay

Auditing marketable securities
List the common substantive procedures used to address the risks relating to fraud in investments:

---

Definitions:

Pulmonary Artery

A major artery in the body that transports deoxygenated blood from the heart to the lungs for oxygenation.

Left Atrium

One of the four chambers of the heart, receiving oxygenated blood from the lungs and pumping it into the left ventricle.

Left Common Carotid

The artery located on the left side of the body that supplies blood to the head and neck.

Brachiocephalic Artery

A major blood vessel originating from the aortic arch that supplies blood to the right arm and the head and neck.