Controls are used to monitor and regulate how well an organization meets its goals.

Question

Quizplus · Accepted Answer

Controls are indeed used to monitor and regulate how well an organization is meeting its goals. This could include the use of financial controls, such as budgeting and financial statements, or non-financial controls, such as performance metrics and feedback mechanisms. The purpose of controls is to help ensure that the organization is on track and to identify areas where improvements can be made.

Controls Are Used to Monitor and Regulate How Well an Organization