Question

The provider my wish to bond employees who handle money and financial record. which of these does not describe a bond?

The provider my wish to bond employees who handle money and financial record. which of these does not describe a bond?

a. an insurance contract.

b. an investment in the employee's retirement.

c. financial protection for the practice if the employee embezzles funds.

d. a legal obligation to pay specific funds.

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Answer #1

A bond exists between two or more people or a group. The main ground of it is a form of financial contact existing between the employer and employee.

Insurance is a type of bind existing between insured and the insurance company.

After retirement the company has no relationship with them in the mater of finance

Also law states to pay specific funds to the organization. Embezzlement is a form of fraud activities with the money so a bond acts as a financial protection

Ans:b.an investment in the employee's retirement

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