Which of the objectives listed below is not considered part of the internal control process?
A) Compliance with applicable laws and regulations
B) The prevention of fraud and embezzlement
C) Effectiveness and efficiency of operations
D) Reliability of financial reporting
Answer: B
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Which of the following is NOT a communication task for which marketers use the Internet?
a. Promoting consumer awareness and interest. b. Providing information and consultation. c. Facilitating two-way communications with customers through e-mail and chat rooms. d. Enabling customers to place orders. e. Reducing service demand through electronic tracking.
Which of the following statements about the entire contract clause is true?
A) It allows the insurer to change the policy terms without the insured's consent. B) It specifies that all statements in the application are considered warranties. C) It specifies that the life insurance policy and the attached application constitute the complete agreement between the parties. D) It prevents the insurance company from contesting a policy after it has been in force for two years during the lifetime of the insured.