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Two government agencies-IRS and GAO-employ government auditors responsible for making sure organizations comply with federal laws, statutes and policies.
Firm-Specific Risk
The risk associated with the unique factors affecting an individual company, separate from market-wide risks.
Diversification
An investment strategy aimed at reducing risk by allocating investments among various financial instruments, industries, or other categories.
Money Invested
The total amount of financial resources allocated to a particular investment, asset, or project with the expectation of receiving future returns.
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