Which of the following audit procedures would not likely be performed for audits of investments? a. Read

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Which of the following audit procedures would not likely be performed for audits of investments?
a. Read board of directors’ minutes for authorization of investment strategies.
b. Confirm investments with registrar.
c. Confirm investments with broker or trustee.
d. Compare valuation to published market prices.

Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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