To Establish Effective Internal Control Over a Corporation's Stock Transactions,the

question 4

Essay

To establish effective internal control over a corporation's stock transactions,the corporation should utilize the services of a independent registrar and transfer agent.
a.Describe the functions performed by the stock registrar.
b.Describe the functions performed by the transfer agent.
c.Describe the information that is typically requested by the auditors in a confirmation sent to the registrar.

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Definitions:

Younger Sister

A female sibling who is born after another child in the same family.

Elder Sister

A girl or woman who has the same parents as another individual but was born earlier.

False Dilemma

A logical fallacy that presents two options as the only possible choices when in fact more options exist.

SWAT Team

A specialised unit within law enforcement agencies trained to handle high-risk operations that fall outside the abilities of regular officers.