All of the Following Are Examples of a Control Activity

question 52

Multiple Choice

All of the following are examples of a control activity except

• A)an extensive marketing plan.
• B)assignment of responsibility.
• C)segregation of duties.
• D)insurance on assets.

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Definitions:

Exchange Rates

The price of one country's currency expressed in another country's currency, affecting international trade and economics.

Arbitrageurs

Individuals or entities that attempt to profit from price differences of the same or similar financial instruments, across different markets or in different forms.

Speculators

Investors who engage in the buying and selling of financial instruments, commodities, or other assets with the aim of making profits from short-term price fluctuations.

Risks

Pertains to the potential for losses or other adverse outcomes arising from uncertainties in decision-making or future events.