When Inspecting Securition Hand the Auditor Needs to Record All

question 34

Multiple Choice

When inspecting securition hand the auditor needs to record all these matters except:

• A) the name of the owner.
• B) the certificate number of the document
• C) the description of the security
• D) all of the above need to be recorded

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Definitions:

Capitalism

The dominant economic system in the world today. Capitalist economies are characterized by private ownership of property and competition in the pursuit of profit.

Industrialized Countries

Nations characterized by a developed industrial base, advanced technology, and a high standard of living.

Caste-Like Systems

Social stratification systems similar to the caste system, where the social hierarchy is rigid and individuals' positions are fixed at birth.

Agricultural Societies

Those in which plows and animal power are used to substantially increase food supply and dependability as compared with horticultural and pastoral societies. Agricultural societies first emerged about 5000 years ago. Average settlement size and permanence, the division of labor, productivity, and inequality are higher in agricultural societies than in horticultural and pastoral societies.