Describe an Internal Control That Would Prevent the Payment of Insurance

question 16

Essay

Describe an internal control that would prevent the payment of insurance premiums on an automobile that is no longer owned by the company.

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Definitions:

Preterm

Referring to a baby born before completing the standard 37 weeks of gestation.

Teratogen

An agent or factor which can cause malformation of an embryo or fetus.

Miscarriage

The spontaneous loss of a pregnancy before the fetus can survive outside the womb, typically occurring within the first 20 weeks of gestation.

Stillbirth

The birth of a baby who is born without any signs of life at or after 24 weeks of pregnancy.