Auditing and Assurance Service 1ed Problem 7-39==========(1st picture is the beginning of the question and picture 2 is the rest of the question)

7-39 ILO 5] Hammer Orthopedic Corporation periodically invests large sums in marketable equity securities. The investment policy is established by the investment committee of the Board of Directors, and the treasurer is responsible for carrying commitee of the Board of Directors,and the treasurer is responsible for carying