Which of the following is correct concerning the inspecting and counting of securities on hand?
A) All securities should be controlled by the auditor until the count is completed.
B) The custodian need not be present during the count.
C) A receipt should be provided by the auditor to the custodian when the securities are returned.
D) The auditor should observe the broker's advice number on the document.
E) The auditor should observe the name of the broker.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is correct concerning the inspecting and counting of securities on hand?
A) All securities should be controlled by the auditor until the count is completed.
B) The custodian need not be present during the count.
C) A receipt should be provided by the auditor to the custodian when the securities are returned.
D) The auditor should observe the broker's advice number on the document.
E) The auditor should observe the name of the broker.

Which of the Following Is Correct Concerning the Inspecting and Counting