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An internal audit of Vega Fund has determined that the fund is out of compliance with its investment policy statement as disclosed in the prospectus. Vega should do all of the following EXCEPT:

A)

revise the internal audit procedure to allow such occurrences in the future.

B)

revise the investment process in order to be consistent with the investment policy statement.

C)

seek authorization should it be determined that the investment policy requires alteration.

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