Which of the Following Is a Customary Audit Procedure for the Verification

question 12

Multiple Choice

Which of the following is a customary audit procedure for the verification of the legal ownership of real property?

• A)Examination of correspondence with the corporate counsel concerning acquisition matters.
• B)Examination of ownership documents registered and on file at a public hall of records.
• C)Examination of corporate minutes and resolutions concerning the approval to acquire property,plant,and equipment.
• D)Examination of deeds and title guaranty policies on hand.