Examlex
The internal control process that requires the segregation of the authorization of purchase returns and the accounts payable record keeping and the custody of inventory, will help to minimize the risk of:
Corporation Law
Legal principles that govern the formation, operation, and dissolution of corporations.
Person
An individual human being, but in legal contexts, can also refer to entities recognized by law, such as corporations.
General Incorporation Law
A set of statutes established by a state that provides guidelines and regulations for the formation, operation, and dissolution of corporations.
For-Profit Corporation
A type of organization that is intended to operate with the goal of making a profit for its shareholders.
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