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What Control Procedure(s)should Be Used to Reduce the Risk of Unauthorized

question 71

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What control procedure(s) should be used to reduce the risk of unauthorized disclosure of the financial statements?

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Definitions:

National Insurance

A system of compulsory payments made by employees and employers to fund various types of state benefits and healthcare.

Easements

Rights granted to use the property of another for a specific purpose, such as right of way.

Fixtures

Items that are originally personal property but become real property when attached in a permanent manner to land or a building.

Lost Property

Property that is found where it appears to have been left unintentionally, such as items lost by their rightful owner.

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