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requirement of effective control

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An effective control system requires clear and specific objectives, reliable performance measures, timely feedback mechanisms, and flexibility to adapt to changes. It should also have a system of accountability and follow-up procedures to ensure corrective actions are taken when needed.

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Q: What are the requirements of an effective control system?
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Requirement of effective budget and budgetary control system?

An effective budget and budgetary control system requires clear and specific goals and objectives, accurate and reliable financial information, regular monitoring and evaluation of actual performance against budgeted targets, and timely and appropriate corrective actions. It also requires active engagement and participation of all stakeholders, effective communication and coordination, and a culture of accountability and responsibility throughout the organization.


Determination of database requirements is part of this process?

System Analysis.


Dimensions of information systems?

Information systems typically include hardware, software, data, procedures, and people. These dimensions encompass the physical components, the programs that control the system, the data stored and processed, the rules and processes governing its operation, and the individuals who interact with it. An effective information system integrates all these dimensions to support the organization's goals and objectives.


Businesses around the world all need access to the same data so there needs to be one type of information system that is designed to offer it. Why is this statement false?

this statement is false because different business have different information needs


When determining the appropriate hardware components of a new information system what role must the user of the system play?

When determining the appropriate hardware components of a new information system, you must first, make a system that works effectively. The role of the user must understand what requirements they need to build a successful system.

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Describe the basic requirements of an effective financial system?

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The two aspects of an effective operating system are design and?

control


Is a perpetual inventory system is an effective means of control over inventory?

no


What are the effective components of an effective MIS and why?

Components of an effective MIS include: a database, qualified staff, support of top management, routine maintenance and control of system, and evaluation of the system. Following these components help keep the system up to date and running effectively.


What billing system system is most effective if complete control is desired over the billing and collection process?

In house


What are the different types of system requirements?

type of system requirements how to type of system requirements in IT?


True or false electronic health record systems have the same access control requirements as paper-based record systems?

electronic health records have same access control requirements as paper based record system


How can an effective control system be designed?

An effective control system should be:AccurateTimelyObjective and ComprehensibleFocused on Strategic Control PointsEconomically RealisticOrganizational RealisticCoordinated with the Organization's Work FlowFlexiblePrescriptive and OperationalAccepted by Organization Members


What are the System requirements of an operating system?

System Requirements vary from system to system. refer to the packaging or the vendor website for the System requirements for your product.


Which billing system is most effective if complete control is desired over the billing and collection process?

In hou


What is the importance of effective stock management for a manufacturer?

if effective stock control system is followed, then there will not be any scarcity of raw materials and production will not halt. that is it, so simplw


What are the essential requirement of effective supervision?

essential requirements of effective supervison