Question

Which of the following statements accurately describes a fidelity bond? Multiple Cholce 55 Procedures to provide reasonable assurance that the objectives of a company are accomplished. Proper procedures for processing transactions Insurance that the company buys to protect itself from loss due to employee dishonesty Guideltnes or poticies that imit the actions of different levels of management o of 21 <Prev Type here to search

Answer 1

en fidalty bmd thot tis a fomof prolecti on poliey bolders from 0)D genurally upvers its losses that thoy incur as a vasult of fraudeulant actioihes done by Specihc individuals Generally Companies purtha thase bonds le&Aes Youaring auts of dishomest empleyus to protet themselves frm due Answey 1 9nsurana thot the compan 6t sef flog due to buys to proleet ompleyes' drshonehy