Cash receipts cycle of merchandise sale of a business concern

Meaning and Objects of Cash Control

In accounting, cash includes coins; currency; deposited negotiable instruments such as checks, bank drafts and money orders; amounts in checking and savings accounts and demand certificates of deposit.

Feed-forward Control

How Feed-forward Control is Used by Managers

Feed-forward control is mechanism in a system for preventing problems before they occur by for monitoring performance inputs and reacting so as to maintain an identified level.

Steps in the Control Process

4 Steps in the Control Process

The control process is the functional process for organizational control that arises from the goals and strategic plans of the organization.