What type of control is: The bank statement is reconciled monthly by an internal auditor.

What will be an ideal response?

Answer: independent internal verification

Business

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Catastrophe modeling can be employed by insurers, brokers, ratings agencies, and companies that have exposure to catastrophic loss.

a. true b. false

Business

The ________ is the intercept on the Security Market Line

A) prime rate B) risk-free rate C) market rate of return D) beta

Business