Which of the following factors is a risk factor associated with derivative securities that should be considered by the auditor?

Which of the following factors is a risk factor associated with derivative securities that should be considered by the auditor?






a. Management's objective for entering into such transactions may relate to misstating the financial statements.
b. The complexity of the security.
c. The organization's experience with such securities.
d. All of the above are risk factors.








Answer: D


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