EFFECTIVE INTERNAL CONTROL Definition

Bookmark and Share

EFFECTIVE INTERNAL CONTROL is reasonable assurance that operational objectives are achieved, that published financial statements are reliably prepared, and that the entity complies with applicable laws and regulations.

Learn new Accounting Terms

ROBUST is when a business is considered fully developed and healthy.

SERVICE CHARGE is an additional charge for a service for which there is already a basic fee; also called service fee.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.