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Which of the following is not a method that can be used to register securities with the state?
A. registration by notification
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C. registration by coordination
D. registration by exception
Answer: D
Explanation:
Explanation/Reference:
Explanation: Registration by exception is not a method that is used to register securities with the state.
Registration by notification is a method available for those securities that meet a certain set of criteria and requires the least amount of paperwork. Registration by coordination is the method used for most securities. Registration by qualification is the most burdensome method, requiring a voluminous amount of paperwork.
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B. Confirming to management the controls reduce the likelihood of the risk
C. Updating the risk register to include the risk mitigation plan
D. Ensuring that control design reduces risk to an acceptable level
Answer: C
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