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Feedback and updating mechanism for procedures

The most common financial statements include the balance sheet, income statement and cash flow statement.Financial audits are regularly conducted to ensure that financial management practices follow generally accepted standards, as well.

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Delegation generally includes assigning responsibility to an employee to complete a task, granting the employee sufficient authority to gain the resources to do the task and letting the employee decide how that task will be carried out.

Computers have revolutionized administrative controls through use of integrated management information systems, project management software, human resource information systems, office automation software, etc.

Organizations typically require a wide range of reports, e.g., financial reports, status reports, project reports, etc. Delegation is an approach to get things done, in conjunction with other employees.

They are used as means to communicate direction and guide behaviors in that direction.

The function of the following methods is not to "control", but rather to guide.


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