Which of the Following Forms of Evidence Would Be Least

question 65

Multiple Choice

Which of the following forms of evidence would be least persuasive in forming the auditor's opinion about marketable securities and other investments held by the company?

• A)Responses to auditor's questions by the president and controller regarding the investments account
• B)Correspondence with a stockbroker regarding the quantity of client's investments held in street name by the broker
• C)Minutes of the board of directors authorizing the purchase of stock as an investment
• D)The auditor's count of marketable securities

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Definitions:

Additive Colour Mixing

A process of combining different colors of light, where mixing various lights (red, green, blue) can produce a spectrum of colors including white.

Ventral Stream

A pathway in the brain involved in processing visual information related to object recognition and form.

Dorsal Stream

A pathway in the brain that processes spatial awareness and the relationship of objects in the surroundings, often referred to as the "where" pathway.

Perceptual System

The complex network of sensory organs and brain structures involved in processing and interpreting sensory information to form a coherent view of the environment.