An Investment Alternative in the Form of an Annuity That

question 94

Multiple Choice

An investment alternative in the form of an annuity that is similar to a mutual fund but that is less risky as it provides a certain degree of insurance to the investor is a (an) __________

• A)segregated fund.
• B)government bond.
• C)guaranteed investment certificate.
• D)government stock.
• E)option fund.

Describe the characteristics of effective controls in organizations.

Grasp the concept of cost-effectiveness in control mechanisms.

Understand the necessity of flexibility in organizational controls.

Comprehend the importance of balancing cost versus benefit in effective control systems.

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Definitions:

Accurate Recordkeeping

This refers to the precise and correct maintenance of business records, ensuring they accurately reflect transactions and events.

Conflicts of Interest

Situations where individuals or organizations have competing interests or loyalties, potentially compromising their decision-making.

Dress Sayings

Phrases or slogans often printed on or associated with clothing that express ideas, attitudes, or humor.

Economic Espionage Act

is a United States law making the theft or misappropriation of trade secrets a federal crime.