List out the importance of strategic control and write on types of strategic control. (1500 words)
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List out the importance of strategic control and write on types of strategic control. (1500 words)
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- What is the significance of internal control in an organization? Cite an example of a company that failed due to IC deficiency?Name the four types of inputs in the classification of control activityManagement control definition? Briefly explain the important roles played by management control in a business.
- What are some of the goals that should be accomplished by using a control system?Instruction: Briefly answer the following questions: 4-5 SENTENCES ONLY EVERY QUESTIONS 1.An important element of the control environment is the organization’s commitment to ethics and integrity. How might an internal auditor assess the organization’s commitment to ethics and integrity? 2. How might management and internal auditors assess each one of the following? The independence and competence of the board of directors The competence of accounting personnel Whether company employees are adhering to the company’s code of conduct 3.What is monitoring? Identify the two major types of monitoring and explain how they could be used by management. I.Ongoing Evaluation II.Separate Evaluations PLEASE NO PLAGIARISM. I WILL GIVE UPVOTES AND COMMENTS. THANKS!What are the Level of Controls? Discuss each level.
- MANAGEMENT Write down importance of Controlling?why does an emphasis on accounting limit an understanding of the broader importance of mangement control? what contribution can non financial performance managwement make to our understanding of management control within organizations?What are the objectives of using a control system?
- 18 Which one of the following activities is a part of internal control system? a. Internal check b. Other control measures c. Internal audit d. All of the options1.What is Scope Verification 2. Define Scope Change Control3. Purpose of Scope Change Control4. Explain the documents needed for Scope Change Controlanswer as briefly and direct to the point (give 4-5 sentences each question) 1. Does controlling is applicable to the day-to-day activities of the engineer manager? 2.Why is controlling a very important management function? 3. Why is the establishment of performance objectives and standards an important step in the control process?