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Question 602 - CTFA discussion

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

A.
Mutual fund checks are issued in accordance with firm policies and supported by valid trades
Answers
A.
Mutual fund checks are issued in accordance with firm policies and supported by valid trades
B.
Mutual fund purchases are confirmed on a timely basis
Answers
B.
Mutual fund purchases are confirmed on a timely basis
C.
Mutual fund switches are not authorized by the client
Answers
C.
Mutual fund switches are not authorized by the client
D.
All EXCEPT ''C''
Answers
D.
All EXCEPT ''C''
Suggested answer: D
asked 16/09/2024
ERIC MERRILL
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