________ Controls Discover Unwanted Events

question 63

Multiple Choice

________ controls discover unwanted events.

• A)preventive
• B)corrective
• C)detective
• D)mitigating
• E)backup

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Definitions:

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, presented in a structured manner.

Section 11

A provision in the 1933 Securities Act that holds issuers liable for registration statement misrepresentations or omissions of material facts to investors.

Untrue Material Fact

Incorrect or misleading information that is substantial and significant enough to influence a decision-maker's action, particularly in contexts like securities transactions.

Registration Statement

A set of documents filed with the Securities and Exchange Commission that includes material information about a company planning an initial public offering of its securities.