Question: Which statement below describes the internal control procedure of insuring assets and bonding key employees?Multiple choice question.Insuring assets has a cost that outweighs the risk
Which statement below describes the internal control procedure of insuring assets and bonding key employees?Multiple choice question.Insuring assets has a cost that outweighs the risk of loss.Insuring assets and bonding employees makes it unlikely that a theft is uncovered.Insuring assets against casualty and bonding employees who handle cash, reduces risk of loss.Bonding employees and insuring assets increases the risk of loss.
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