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Control Risks What are some typical controls that affect multiple assertions for long-lived assets?
Industrial Corporation
A type of corporation that specializes in the manufacturing and production of goods in an industrial sector.
Scienter
The knowledge of the wrongfulness of an act or the intent to commit an act that is forbidden by law.
SEC Rule 10b-5
SEC Rule 10b-5 is a regulation enacted by the Securities and Exchange Commission to prevent fraud in securities transactions, including misrepresentation or omission of crucial information.
Sarbanes-Oxley Act
A U.S. law enacted to protect investors by improving the accuracy and reliability of corporate disclosures.
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