If a Region Wants to Be Considered a State and It

question 43

Multiple Choice

If a region wants to be considered a state and it has security forces, a judicial system, and geographic territory, what does it lack?

• A) An education system
• B) Decision maker(s)
• C) Police
• D) Access to water

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Definitions:

Internal Control Measures

Procedures and policies implemented by a corporation to ensure integrity of financial and accounting information, promote accountability, and prevent fraud.

Bank Accounts

Financial accounts maintained by individuals or entities with a banking institution, facilitating the deposit and withdrawal of funds.

NSF Fee

A charge issued by a bank against a customer's account for writing a check without sufficient funds to cover it, also known as a non-sufficient funds fee.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure they are in agreement.