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Controlling (Financial controls (liquidity, leverage, activity,…
Controlling
Financial controls
liquidity
leverage
activity
profitablelity
Why important
the only way to know whether goals are met
provide information and feedback
help protect an organization and its assets
control process
mecsuring
how to measure
what to measure
comparing
standard (goal)
actual performance
take action
doing nothing
correcting
immediate
basic
revising the standards
raising
lowering
Workplace concerns
work place privacy
employee theft
work place violence
Type
feedforward controls
before a work is done
concurrent control
while a work is being done
Information control
MIS
needed information on regular basis
Others
comprehensive
secure control
encryption
systemfirewalls
data backups
protect information
Chapter 14
企四丙 403050612 黃千慈