I’m quite unsure to be honest but I think it’s Social Anxiety.
This practice decreases fraudulent activity by supporting documentation procedure principle of control activities.
Explanation:
In professional and educational institute there is a norm to give transport allowance and dearness allowance for attending educational trip, assignments or meetings. But for that the party need to show valid receipt of tickets, fooding and lodging bill. Otherwise some disloyal person will take advantage of it and will try to withdraw more money by not showing the actual spent amount.
Here University medical center is giving reimburse for travel expenses and meal for attending a medical conference. But for that the receipt of meal is required otherwise many of the professors and students will take the charges of alcohol by adding it's price with the meal. So, documentation procedures need to be followed to avoid this discrepancy.
The two major types of transactions that affect the international flow of money are trade in goods and services and capital flows.
Answer: Option D
<u>Explanation:
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Out of all data on international economic transaction in the US, capital flow indicators are most prone to misleads and gaps. It is the exchange in financial assets between US and foreign residents.
Over the past ten years, capital flows have even exceeded trade flows. Information on this is largely needed to study the degree of US economy's internationalisation as below,
- Changing financial markets process in America
- Impact of foreign direct investments on the internal economy
- Foreign investment income in the US and net foreign debt service tax in the US
- The relationship between foreign capital flows and US interest and exchange rate.
Since net capital flows must be consistent with the balance of transactions and transfers (check account) for international goods and services, better information on cash flows would help explain the accuracy of US check account data.
Social Darwinism is the theory that B) life consists of competitive struggles in which only the strong survive. This theory applies Darwin's theory of natural selection to the social and political world. Those who supported this idea believe that in the social realm it is the responsibility of individuals to succeed and that those who are strong enough will and those that are not will fail. Those that support this theory did not support government programs to help the poor and other socially beneficial government policies.
