Which of the following procedures most likely would give the greatest assurance that securities held as investments are safeguarded?
A. There is no access to securities between the year-end and the date of the auditor's security count.
B. Proceeds from the sale of investments are received by an employee who does not have access to securities.
C. Investment acquisitions are authorized by a member of the Board of Directors before execution.
D. Access to securities requires the presence of two designated officials.
Answer: Access to securities requires the presence of two designated officials
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