Which of the Following Control Activities Would an Entity Most

Multiple Choice

Which of the following control activities would an entity most likely use to assist in satisfying the completeness assertion related to long-term investments?

A) Senior management verifies that securities in the bank safe-deposit box are registered in the entity's name.
B) Maintenance of a securities ledger that records all securities owned by the entity.
C) The treasurer vouches the acquisition of securities by comparing brokers' advices with canceled checks.
D) The controller compares the current market prices of recorded investments with the brokers' advices on file.