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Which party would NOT be designated in an investment policy as responsible for an annual review of the following: - Evaluate and review procedures -

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Which party would NOT be designated in an investment policy as responsible for an annual review of the following: - Evaluate and review procedures - Test individual transactions for policy compliance - Confirm investment reports are effective and valid - Recommend amendments to the policy or procedures Specific person or area outside the policy-related area Internal or external auditors Compliance department Specific person within the functional area

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