Bail is paid by the person himself. Bond is paid by a friend or family member based on his relationship. Bond is a type guarantee by a third person. Piyush from askanydifference has given good information,
Posts made by jimharner
RE: Difference between Authority and Responsibility
Resposibility is when external factors give the responsibility like becoming a parent.
RE: Audit and Review
There are some reputable auditors present in the market that get hired by big companies.
Some of them along with rating are listed here: https://big4accountingfirms.org/the-top-accounting-firms-in-the-world/
As many companies are multi-national these days, hiring these auditors is very easy.
On the other hand, a review can be internal or external.
Every auditor and reviewer has to earn some certificate that he is recognized to perform the audit or review as per latest industry standards.
RE: ANOVA and ANCOVA
Two different techniques used in statistics for analyzing given data. The Analysis of Variance or ANOVA studies the variance of the statistical data for analysis. Analysis of Covariance or ANCOVA studies the covariance of the statistical data for analysis. These two techniques are vastly used in different programs.
Thanks. The difference between these two is minor but subtle.
By the way, I personally prefer to use ANOVA in my studies.