Objective 1: Sources of capital funds should be authorized in accordance with management’s criteria. "RISK: The entity may be unable to satisfy its capital needs as they arise. RISK: Investors or creditors may attempt to obtain control of the entity or some of its assets because of a misunderstanding. RISK: Investors or creditors withdraw on an untimely basis. RISK: The entity may obtain financing with unsatisfactory conditions (e.g., unauthorized or overly restrictive covenants). RISK: Higher costs of capital may be incurred. " For the other objectives and template details login to your subscription and download.
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