Some investment firms require traders to take two consecutive weeks of vacation,so the traders books can be reviewed.This is an example of
A)participation.
B)flexibility.
C)appropriate focus.
D)high standards.
E)verification procedures.

Question

Quizplus · Accepted Answer

This policy is an example of verification procedures, as it is designed to ensure that the trader's books are accurate and free of errors or fraud. By requiring traders to take two consecutive weeks of vacation, the firm can review their books without interference or pressure from the trader. This helps to ensure that the firm's investment decisions are based on accurate and reliable information.

Some Investment Firms Require Traders to Take Two Consecutive Weeks