What Is the Most Appropriate Control to Prevent Improper Use

question 7

Multiple Choice

What is the most appropriate control to prevent improper use of share or bond instruments?

• A)Authorization to purchase shares by a senior financial officer.
• B)Use of a registered broker to purchase and sell all shares.
• C)Proper custodial control of securities.
• D)Registration of bond instruments with the exchange authorities.

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Definitions:

MDMA

3,4-Methylenedioxymethamphetamine, a psychoactive drug primarily used for recreational purposes, known for its euphoric effects.

Chronic Use

The long-term and repeated use of substances or engagement in behaviors, often leading to dependency or adverse effects on health and well-being.

Memory Deficits

Impairments or reductions in the ability to remember or recall information, which can be temporary or permanent, affecting short-term or long-term memory.

Reduced Fertility

A condition characterized by a decreased ability to conceive or produce offspring after trying for a certain period.