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son4ous [18]
3 years ago
8

_________________ are the processes and procedures that a company uses to provide reasonable assurance that its financial report

s are reliable.
Business
1 answer:
Dahasolnce [82]3 years ago
8 0

Answer:

The correct word for the blank space is: Internal controls.

Explanation:

Internal controls are crucial for any organization that wants to ensure not only that its operations are efficient, but also that they meet certain ethical standards. Internal controls effectively restrict fraud, as well as other illegal activities. These are put in place by a company to make sure that its budgets and accounting are accurate.

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horsena [70]
Age: 15
oldest age: 16
siblings: 1
7 0
3 years ago
LMN Insurance Company is concerned about its exposure to hurricane losses for property risks it insured on the Gulf Coast. LMN b
ELEN [110]

Answer:

c) Catastrophe Bonds

Explanation:

These type of bonds are also known as the CAT bonds, and they are issued  at any catastrophic event which is foreseen in the future. Basically these are insured linked securities that are used in the process of managing risks that are associated with the catastrophic events such as mentioned in the question i.e hurricane.

Any investor before investing in these bonds should fully understand what type of bonds are these because they posses a greater risk of low return and are very different from conventional bonds.

Hope this helps.

Thanks buddy.

3 0
3 years ago
Does anyone know what business stands for? I am a boy.
Verdich [7]

a person's regular occupation, profession, or trade.

6 0
3 years ago
The demand and supply curves show how buyers and sellers ________; the interaction of buyers and sellers ________. compete again
koban [17]

Answer:

The correct answer is the second option: respond to prices; determines the price.

So the final statement will be:

The demand and supply curves show how buyers and sellers respond to prices; the interaction of buyers and sellers determines the price.

Explanation:

To begin with, in the microeconomics theory both the demand and supply curves are economic functions that are represented in the graphic in order to give a better understanding of what is going on in the reality of the economy out there. So that means that they are both determine by the quantity demanded or supplied and the price, the relation between those two components. And regarding that, they both will show how the buyers and sellers respond to prices. Moreover, their interaction will determine the price as explained before.

5 0
2 years ago
Question 1 (1 point)
olasank [31]
Yes, look for help, your store getting robbed!
7 0
3 years ago
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