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Which of the Following Is True

question 4

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Which of the following is true?


Definitions:

Automated Sales Systems

Technology-driven systems designed to streamline the sales process, often involving automated customer interactions, order processing, and data analysis.

Bond Employees

A bond for employees, often called fidelity bond, is an insurance policy that protects the employer against financial loss due to the fraudulent activities of an employee or group of employees.

Internal Control System

A set of policies and procedures put in place by a company to safeguard assets, ensure financial data accuracy, and promote operational efficiency.

Risk of Loss

The potential for an investment or venture to result in financial loss.

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