Danny has an insurance plan. As part of his insurance plan, if he has a claim, he has to pay a large amount himself before his insurance pays its part. What is this large amount that Danny pays?

What is not a corrective control procedure?

A) Identify the cause of a problem. B) Deter problems before they arise. C) Correct resulting errors or difficulties. D) Modify the system so that future problems are minimized or eliminated.

Steven Wong was an ace financial advisor. He placed millions of dollars on behalf of his clients into certain debentures of Tippett Holdings Ltd

He did not inform his clients that he received hundreds of thousands in commissions from Tippett for obtaining all this investment. On the other hand, all of his clients made money on their Tippett holdings. Can any of his clients sue Wong? A) No. They have not suffered any financial loss B) No. Wong has not given negligent professional advice C) No. Wong has not placed his own interests above those of his clients D) Yes. Wong has committed a breach of fiduciary duty E) Both A and B