Which of the Following Is/are Included in the Specific Steps

question 311

Multiple Choice

Which of the following is/are included in the specific steps for auditing short-term investments?

• A) Ensure that policies and procedures for short-term trading activities exist, are periodically reviewed for changes, and are properly approved
• B) Review to ensure that trading policies include allowed and restricted trading instruments, approved traders
• C) Review the short-term trading activity to ensure compliance with trading policies and procedures and applicable regulatory environment
• D) All of the above

---

Definitions:

Retrograde

Retrograde refers to moving backward or a decline in condition or quality.

Hippocampus

A major component of the brain, essential for learning and memory, located in the medial temporal lobe.

Semantic Encoding

The process of encoding information by its meaning, which facilitates better recall compared to simply encoding based on appearance or sound.

Phonemic Encoding

The process of translating sounds into mental representations of those sounds, often in the context of memory or language processing.