[13] In establishing the existence and ownership of an investment held by acorporation in the form of publicly traded stock, an auditor should inspect thesecurities orA. Obtain written representations from management confirming that thesecurities are properly classified as trading securities.B. Inspect the audited financial statements of the investee company.C. Confirm the number of shares owned that are held by an independentcustodian.D. Determine that the investment is carried at the lower of cost or market