Complying with the law will avoid legal problems and assure customers about the quality of the products sold by a business. ... It will also help to maintain a good reputation for the business.
Test of controls is when you test controls surrounding a financial process . Substantive test are performed when one tests assertions surrounding a balance.
True, Is the correct answer.
The solution is to open joint bank account. Joint account will allow you to deposit or withdraw cash from your dual income without any fear that one account will get lost. This will help you manage your money and also share it to one of your family members. Your income is safe with you having a joint account because you can monitor it in one transaction only.