Explain what are the objectives of internal control as per COSO are ?
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Explain what are the objectives of internal control as per COSO are ?
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- Distinguish between cybernetic and noncybernetic control and between pre, concurrent, and postaction control sytems.Identify and discuss three positive and three negative effects often associated with control systems.How does the desire for personal control affect managers, and how can they balance it with organizational control systems?
- Identify and briefly describe each stage in the planning and controlling processes.Describe the execution of the planning and controlling activities under control- and involvement- oriented management practices.Discuss the relationship between the two managerial functions of planning and controlling.