Examlex
List and define each of the five elements of internal control.
Credit Rating
A formal assessment of an entity's ability to repay its debts, often in the form of a letter grade.
Term Structure
The relationship between interest rates or yields and different maturities for debt securities, often depicted as a yield curve.
Interest Rates
The percentage charged on borrowed money, reflecting the cost of borrowing or the rate earned on investments.
Market Price
The existing trade value of assets or services in the market.
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