Seth is certainly the one who needs a long term care insurance.
A long term care insurance is a policy that covers the nursing bills for older citizens who are 65 years and above. It is an advance payment that covers about six or more years.
Such a policy is of more importance to Seth who has spent most of the money that he has made and keeps spending. He may not have enough money to cover his nursing bills in old age but Colin would depend on his long term savings.
Learn more: brainly.com/question/2510654
There are several occurrences which that really need some incorporation of controls, such as :
- Operating process/procedures
- Budgeting
-Auditing process to found out some redundancy
- During interaction with customers
hope this helps
