The objective/s of a trust department audit is/ are to:
A. Detect and prevent irregularities such as errors
B. Access adequacy of accounting, operating, and administrative controls and procedures
C. Determine the quantity of account administration
D. all of the above
Answer:D
The objective/s of a trust department audit is/ are to:
A. Detect and prevent irregularities such as errors B. Access adequacy of accounting, operating, and administrative controls and procedures C. Determine the quantity of account administration D. all of the above