A material weakness is when one or more of a company’s control mechanisms, be it activities, rules, or processes made to prevent big financial irregularities is ineffective.
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The master-servant rule is a legal guideline saying that employers are responsible for the actions of their employees.
Marketing fraud is an illegal practice engaged by a company or individual while promoting a product or service. Its core trait is false or misleading claims.
Margin creep is a slow reduction of a company's overall profit margin over time.