answersLogoWhite

0

What is internal system?

Updated: 8/10/2023
User Avatar

Wiki User

13y ago

Best Answer

Internal control systems are control procedures put in place by the management of an organisation to ensure efficient and effective operation of her activities, so as to meet the organisation's objectives.

User Avatar

Abbie Hyatt

Lvl 13
2y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

11y ago

Companies build up extensive internal data bases : computerized collection of information obtained from data sources from the company. Marketing managers rely on international reports on orders , sales , prices, costs , inventory levels, receivables (créances) and payables (dettes) to identify marketing opportunities and problem and to evauate performance. The heart of the internal records system is the order to payment cycle.

The sales department prepares invoices, whilst the accounting department keeps records of sales, costs and cash flows , manufacturing reports on production schedules, shipments and inventories.

The customer service department keeps records of consumer satisfaction or service problems.

The IRS also includes sales information systems which have developed thanks to sales force automation software.

In this way, sales representatives provide immediate feedback on sales and marketing managers have access to up-to-the-minute reports on current sales and reseller reaction.

However, although internal data bases can be accessed cheaply and quickly, they also present problems. They can be incomplete , and tend to age quickly. On their own, they don't provide enough information.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is internal system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Diferentiate between internal check and internal audit?

Difference between internal check and internal audit.Following are the main differences between internal check system and internal audit system:1. Way of checking â€" In internal check system work is automatically checked whereas in internal audit system work is checked specially.2. Cost involvement â€" in internal check system checking is done when the work is being done. Mistake can be checked at an early stage in internal check system.3. Thrust of system â€" Thrust of internal check system is to prevent the errors and whereas the thrust of internal audit system is to detect the errors and frauds.4. Time of checking â€" In internal check system checking is done when the work is being done whereas in internal audit system work is checked after it is done. Mistakes can be checked at an early stage in internal check system.


What are the internal organs of the skeletal system?

Internal organs and the skeletal system are two different things, so there really is no such thing as "the internal organs of the skeletal system." The skeletal system is responsible for the support of the body and protection of the internal organs, and doesn't have internal organs in itself.


Why does your chrysler only start with the cam sensor out?

Possible internal timing system problem.Possible internal timing system problem.


Internal control system in nigeria ECWA Church?

what is the internal control system of Nigerian churches


Which system protects and covers internal structures?

The integumentary system protects and covers internal structures.


The useful internal records of marketing information system?

the role of internal records in marketing information system


What happens to the internal energy of a system when work is done on it?

If the internal energy of the system increases the temperature will increase.


Deferentiate the internal system unit and the external system unit?

There is a wide difference between the internal system unit and the external system unit. The internal system unit is usually mounted on the motherboard inside the computer while the external system unit is independent of the computer like an external drive.


A system absorbs 640J heat and does work of 260J the change in internal energy of the system will be?

the system has been given internal energy of 640j and the work system does on surroundings is 260j. therefore by first law of thermodynamics the internal energy of system increases by (640-260=380)j.


What system that provides protection of internal materials?

it is integamontary system


System supports body and protects internal?

The Skeletal System.


What system that controls the body is internal organ?

nervous system