MGT 101 SEU Week 15 Control as A Managerial Function Questions
Description
12.2 Action Required:
- Controlling is the fourth management function, along with planning, organizing, and leading and its purpose is plain: to make sure that performance meets objectives. Control is making something happen the way it was planned to happen.
- Financial controls are especially important for the organization, which include budgets, financial statements and audits.
12.3 Test your Knowledge (Question):
Discuss Controlling. Discuss the importance of two basic types of financial statements.
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