Question

which of the following statements accurately describes a fidelity bond? multiple choice proper procedures for processing transactions guidelines or policies that limit the actions of different levels of management procedures to provide reasonable assurance that the objectives of a company are accomplished insurance that the company buys to protect itself from loss due to employee dishonesty

Explanation:

A fidelity bond is an insurance - type contract. It protects a company from losses caused by employee dishonesty like theft, fraud. The other options describe internal control procedures or management guidelines, not a fidelity bond.

Answer:

Insurance that the company buys to protect itself from loss due to employee dishonesty