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NEW QUESTION: 1
Which protocol must be allowed for a BYOD device to access the BYOD portal?
A. SMTP
B. SSH
C. HTTPS
D. HTTP
Answer: C
NEW QUESTION: 2
A. int sum is 30double sum is30.0
B. int sum is 30float sum is 30.0
C. integer sum is 30double sum is 30.0
D. integer sum is 30float sum is 30.0
Answer: D
NEW QUESTION: 3
When an entity uses a trust company as custodian of its marketable securities, the possibility of concealing
fraud most likely would be reduced if the:
A. Securities are registered in the name of the trust company, rather than the entity itself.
B. Interest and dividend checks are mailed directly to an entity employee who is authorized to sell
securities.
C. Trust company has no direct contact with the entity employees responsible for maintaining investment
accounting records.
D. Trust company places the securities in a bank safe-deposit vault under the custodian's exclusive
control.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. When an entity uses a trust company as custodian of its marketable securities, the
possibility of concealing fraud would be reduced if the trust company deals only with the person reconciling
the accounts, and not with the employees responsible for maintaining investment records.
Choice "B" is incorrect. The securities should be in the entity's name, and not the trust company's.
Choice "C" is incorrect. If interest and dividend checks are mailed directly (custody of the asset) to the
employee authorized to sell the securities (authorization), incompatible duties would result which may
result in fraud being concealed.
Choice "D" is incorrect. Limiting access to the assets would reduce the possibility of theft, but would not
reduce the possibility of concealing fraud.