IIA Exam IIA-CFSA Topic 7 Question 43 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 43
Topic #: 7

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

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''

Show Suggested Answer

Suggested Answer: D

by Venita at Dec 24, 2023, 08:41 AM

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