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Discuss How Institutional Customers Differ from Other Types of Business

question 47

Essay

Discuss how institutional customers differ from other types of business customers such as producers or resellers.Give two points of differentiation.


Definitions:

Sarbanes-Oxley Act

A U.S. federal law enacted to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.

Certified Public Accountant

A professional designation given to accountants who pass a licensing examination and meet other statutory requirements.

Oversight Board

A governing body or committee that provides guidance, regulation, or supervision over a particular area or organization.

Principle Of Rights

The principle that judges the morality of a decision on the basis of how it affects the rights of all those involved.

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