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During the years 2005 to 2010, in a particular district, 1,000 of 10,000 girls aged 16 to 18 years tested positive for a sexually transmitted infection (STI) .Of the 1,000 diagnosed STIs, 300 were gonorrhea and 500 were Chlamydia.Which one of the following statements would the CHN recognize as being true?
Internal Controls
Internal controls are the mechanisms, rules, and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Sarbanes-Oxley Act
A U.S. federal law that aims to protect investors by making corporate disclosures more reliable and accurate.
Compensating Balance
A minimum bank account balance that a borrower is required to maintain as a condition for some forms of loans or line of credit.
Petty Cash Fund
A small amount of cash kept on hand to pay for minor, incidental expenses of a business, recorded as a current asset on the balance sheet.
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