Examlex
The topic of the proper distribution of burdens and benefits is known as
Internal Controls
Processes and procedures designed to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.
Financial Reporting
The process of producing statements that disclose an organization's financial status to management, investors, and regulators.
Independent Internal Verification
A process within a company to check the accuracy and completeness of transactions by having them reviewed by a third party or separate department.
Segregation
In business or accounting, this often refers to the separation of duties or resources to prevent errors or fraud; in broader societal terms, it can mean the division of groups based on characteristics.
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