Until the 1830's, Which of the Following Was Not a Principal

question 12

Multiple Choice

Until the 1830's, which of the following was not a principal reason for traveling by water?

• A)Immigration
• B)War
• C)Trade
• D)Pleasure

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Definitions:

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and close to their maturity.

Internal Audits

Evaluations conducted internally to assess the effectiveness of a company's operations, controls, and compliance with regulations and policies.

Collusion

An illegal agreement between parties to deceive or defraud others, often involving price-fixing or the manipulation of markets.

Segregation of Duties

A key internal control that aims to reduce the risk of fraud and error by dividing responsibilities among different people or departments.