they research and offer financial advice for companies lend money and provide underwriting services insurance companies require payments for certain aspects of life such as homeowner ship and automobiles they offer packages based on activity and risk pooling the risks of groups with similar risks
The SOC1 (SSAE16 Type II) audit is widely recognized for the intensive scrutiny it puts service organizations through, in terms of their control activities related to information technology and related processes.
State of Charge (SOC) Determination. Knowing the amount of energy left in a battery compared with the energy it had when it was full gives the user an indication of how much longer a battery will continue to perform before it needs recharging. It is a measure of the short term capability of the battery. Using the analogy of a fuel tank in a car, State of Charge (SOC) estimation is often called the Gas Gauge or Fuel Gauge function. See also State of Health (SOH) which represents the long term capability of the battery.