Point out all the types of controls you will use in your proposed health care business and
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Question:
Point out all the types of controls you will use in your proposed health care business and briefly explain their implementation. Present the financial statement of income and expenses for your first year of operation.
Types of control
Operational control.
Managerial control.
Information control.
Market control.
Bureaucratic control.
Clan control.
Personal observation.
Statistical, oral and written reports.
Audits.
Compare actual performance versus some standard.
Preventive control.
Concurrent control.
Feedback control.
Control measures to prevent or reduce employee theft or fraud.
Use of technology.
Financial control - Submit budget (see example).
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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