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In order to avoid the misappropriation of company-owned marketable securities, which of the following is the best course of action that can be taken by the management of a company with a large portfolio of marketable securities? A. Require that employees who enter and leave the safekeeping area sign and record in a log the exact reason for their access. Require that employees involved in the safekeeping function maintain a subsidiary control ledger for securities on a current basis. B. Require that employees who enter and leave the safekeeping area sign and record in a log the exact reason for their access. C. Require that one trustworthy and bonded employee be responsible for access to the safekeeping area, where securities are kept. D. Require that the safekeeping function for securities be assigned to a bank that will act as a custodial agent. |