Identify and State the Historical Significance of the Following

question 118

Short Answer

Identify and state the historical significance of the following:
-New South

---

Definitions:

Demand An Accounting

A legal request for a detailed report of financial transactions and balances, typically made by stakeholders to ensure transparency.

Forensic Auditor

A professional who examines financial records to detect or investigate fraud, ensuring legal compliance and integrity.

Commissions

Earnings based on a percentage of the sale price of goods or services, typically used as compensation for sales personnel.

Implied Authority

Authority of an agent that is not explicitly granted but rather inferred from the nature of the job or previous conduct between the agent and the principal.