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IIA

IIA-CFSA · Question #117

Basic control/s to consider when auditing derivates strategies is/are:

The correct answer is D. Board-approved guidelines. See the full explanation below for the reasoning.

Question

Basic control/s to consider when auditing derivates strategies is/are:

Options

  • A"Created" Reports
  • BRisk or position limits
  • CHighly volatile markets or illiquid markets
  • DBoard-approved guidelines

How the community answered

(31 responses)
  • A
    16% (5)
  • B
    10% (3)
  • C
    3% (1)
  • D
    71% (22)

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