Which of the Following Is a Customary Audit Procedure for the Verification

question 12

Multiple Choice

Which of the following is a customary audit procedure for the verification of the legal ownership of real property?

• A)Examination of correspondence with the corporate counsel concerning acquisition matters.
• B)Examination of ownership documents registered and on file at a public hall of records.
• C)Examination of corporate minutes and resolutions concerning the approval to acquire property,plant,and equipment.
• D)Examination of deeds and title guaranty policies on hand.

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Definitions:

Administrative Processes

Procedures and operations related to the management and execution of office tasks, including documentation, scheduling, and organization.

Self-Aware

Having conscious knowledge of one's own character, feelings, motives, and desires.

Applied Behavior Analysis

A scientific discipline concerned with applying techniques based on behavioral principles to change behavior of social significance.

Operant Conditioning

An instruction strategy by which the intensity of an action is adjusted via positive reinforcement or disciplinary measures.