All active brokers must have errors and omissions insurance.

Which internal control is not an important part of the payroll system?

a. Supervisors verify the accuracy of employee time cards. b. Paychecks are distributed by an independent paymaster. c. Accounts payable verifies the accuracy of the payroll register before transferring payroll funds to the general checking accounting. d. General ledger reconciles the labor distribution summary and the payroll disbursement voucher.

State and local governments can exercise eminent domain under the Kelo decision: A) only when there is a clear public purpose use proposed for the land being taken

B) if there is a plan for economic development or revitalization. C) only if the land will be used by another public entity. D) Both a and c