Which of the Following Is One of the Auditor's Primary

Multiple Choice

Which of the following is one of the auditor's primary objectives when externally confirming holdings of marketable securities?

A) To determine whether recorded securities are properly classified on the statement of financial position.
B) To determine whether recorded securities are the property of the client.
C) To determine whether recorded securities are appropriately valued in accordance with accounting standards
D) To determine whether the internal control system for recorded securities is functioning effectively for the period of the audit.