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What are two important internal control procedures that companies should implement to prevent misstatements in owners' equity when a company maintains its own records of stock transactions and outstanding stock?
Severe Emotional Distress
A mental suffering or anguish induced by incidents of harm or injury, which can form the basis for a personal injury lawsuit if caused by someone else's negligent or intentional actions.
Embezzling Funds
The act of wrongfully taking or appropriating money or assets entrusted to one's care, typically in a position of employment or trust, for personal use.
Defamation
The act of communicating false statements about a person that injure the reputation of that person.
Slander
A form of defamation manifested through spoken words, gestures, or other transient forms, damaging a person's reputation.
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