In the aftermath of the financial crisis of 2007-2009, there were calls to reinstate the separation of commercial and investment banking activities that were removed with the repeal of the Glass-Steagall Act, but this did not happen. Is there any benefit to segmenting financial activities if the goal is to lower systemic risk

The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav