Which of the Following Is Not a Common Test of Controls

question 71

Multiple Choice

Which of the following is not a common test of controls for marketable securities?

• A)Review the minutes of the board meetings.
• B)Review broker's advice for accurate recording of security.
• C)Inquire of management about its process for reclassifications.
• D)Review reports of internal audits.

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Definitions:

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Banner Blindness

The phenomenon where website users consciously or unconsciously ignore banner-like information, usually ads, on websites.

Click-Through Rate

A metric that measures the percentage of clicks advertisers receive on their ads per number of impressions.

Internet Searches

The process of using a search engine on the internet to find specific information, websites, or content based on keyword queries.