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Please answer it in detail as much as you can with a clear explanation. Illustrate situations where effective financial control systems should be used. Instructions:

Please answer it in detail as much as you can with a clear explanation.

Illustrate situations where effective financial control systems should be used.

Instructions:

  1. Focus on describing effective control systems and identifying situations where financial control systems should be used rather than non-financial control systems.
  2. For a business you are familiar with:
    • Describe how this business uses financial and non-financial controls.
    • Provide an example of each and discuss how effectively each achieved the desired results.

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