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NEW QUESTION: 1
Basic control/s to consider when auditing derivates strategies is/are:
A. Board-approved guidelines
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D. Highly volatile markets or illiquid markets
Answer: A

NEW QUESTION: 2
Out of the last 154 times that the interest rates have been cut, the stock price of Company XYZ dropped 72 times. The probability that company XYZ's stock drops at the next rate cut is an example of what type of probability?
A. subjective
B. classical or a priori
C. relative frequency or empirical
Answer: C
Explanation:
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