Internal controls

Internal controls

Management systems and policies for reasonably documenting, monitoring, and correcting operational processes to prevent and detect waste and to ensure proper payment.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Insurance
Category: Medicare & Medicaid
Company: Centers for Medicare & Medicaid Services
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

internal control

Accounting; Auditing

Policies and procedures designed to provide reasonable assurance that specific entity objectives will be achieved. It consists of: the control environment, risk assessment, ...

internal control

Accounting; Payroll

Measures used by a company to safeguard company assets by preventing errors, waste, embezzlement, and fraud.

internal control

Business services; Consulting

Organizational plan and all the related measures adopted by an entity to safeguard assets, encourage employees to follow company policies, promote operational efficiency, and ...

internal controls

Insurance; Medicare & Medicaid

Management systems and policies for reasonably documenting, monitoring, and correcting operational processes to prevent and detect waste and to ensure proper payment.

internal control

Biology; Biochemistry; Molecular biology

A standard reaction run simultaneously with another in the same reaction mixture.

internal control questionnaire

Accounting; Auditing

A list of questions about the existing internal control system to be answered (with answers such as yes, no, or not applicable) during audit fieldwork. The questionnaire is a part ...

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: People Category: Sportspeople

Sun Yang

Sun Yang (born December 1, 1991) is the first male Chinese swimmer in history to win an Olympic gold medal. He is also the world record holder for ...