If employees are bonded
A) it means that they are not allowed to handle cash.
B) they have worked for the company for at least 10 years.
C) they have been insured against misappropriation of assets.
D) it is impossible for them to steal from the company.

Question

Quizplus · Accepted Answer

Bonding means an insurance policy that protects a company against financial loss due to loss or damage caused by employees' fraudulent activities. Bonding protects a company against financial loss due to theft, forgery, larceny, embezzlement, and other acts committed by employees.

If Employees Are Bonded