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IIA-CFSA · Question #509

IIA-CFSA Question #509: Real Exam Question with Answer & Explanation

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Question

Some objectives of an audit related to mutual funds might include determining that:

Options

  • AMutual fund checks are issued in accordance with firm policies and supported by valid trades
  • BMutual fund purchases are confirmed on a timely basis
  • CMutual fund switches are not authorized by the client
  • DAll EXCEPT "C"

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