Organizational Control Process
Analyze the four steps of the control process and explain how each step contributes to the control function. Describe the three types of controls. How can the effectiveness of controls be assessed in an organization?
Guided Response:
Respond to two of your classmates’ posts. In your response, please include detailed information on the four steps of the control process. Also, review the content on budgets and properly incorporate it in to your response. Analyze their discussions by agreeing, disagreeing, or adding other ideas to strengthen or enhance the perspective presented in their initial posts.
Financial Controls
What is the primary financial control tool used to manage the operations of an organization and how can it equip managers with the information they need to make decisions? Provide three examples.
Guided Response:
Respond to two of your classmates’ posts. Evaluate their discussions by agreeing, disagreeing, or adding other ideas to strengthen or enhance the perspective presented in their initial posts.
