PREVENTATIVE CONTROL Definition

Bookmark and Share

PREVENTATIVE CONTROL is a control designed to avoid an unintended event.

Learn new Accounting Terms

PETTY is small and of little importance.

INTERNALLY GENERATED refers to the creation of either tangible or intangible results within the confines of one entity, e.g. internally generated funds are those funds that are realized through the efforts or operations of the entity itself, i.e. the funds were not borrowed or realized through other external means.

Suggest a Term

Enter Search Term

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