What are your thoughts on the idea of concurrent control, and where do you stand with it?
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What are your thoughts on the idea of concurrent control, and where do you stand with it?
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- How do you feel about the concept of concurrent control, and where do you now stand on it?What is involved in medium-term planning and control?Discuss the differences and similarities between the types of control (internal and external; direct and indirect). Choose one of the aspects of each type of control and argue why you favor the application of one over the other.
- Which is a better method of control? The quantitative method or the nonquantitative method?What are the objectives of internal control as per COSO and CoCo models?What is organizational control? Give a brief explanation and example for each of the six areas of organizational control from the framework of your current or recent past workplace.