I believe it’s internal stimulus because of learnt and instinctual behavior
What is the list of answers?
Answer:
Higher
Explanation:
Bonds refer to debt instruments wherein the issuer raises long term finance, agreeing to pay the lenders i.e bondholders a fixed rate of coupon payments apart from principal repayment at the end of the term.
Bonds issued by corporates are termed as corporate bonds whereas bonds issued by municipal or state authorities are termed as municipal bonds.
Municipal bonds are a safer option for investors as the repayment is assured by the state government which is not the case with corporate bonds which are riskier comparatively since corporates might default upon repayment.
To compensate for higher risk involved, corporates have to issue their bonds at higher interest rates than municipal bonds else such bonds would be unattractive.
Answer: The internal auditor discovered it when performing a routine audit of expense reimbursements
Explanation:
Marcus Lane, was a geologist who travelled all over North America and South America and this results in several expense reimbursements. Lane engaged in fraudulent activity by double booking his air travel.
He used cheaper ticket for the actual flight and more expensive ticket was returned for credit. But, he submitted the expensive ticket for reimbursement.
The fraud was discovered by the internal auditor while doing a routine audit of expense reimbursements. He was terminated and he agreed to pay the money back.
