Definition of internal control Internal control
We found 1 definitions of internal control from 1 different sources.
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What does internal control mean?
WordNet
Noun |
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| internal control - an accounting procedure or system designed to promote efficiency or assure the implementation of a policy or safeguard assets or avoid fraud and error etc. | ||
| control the activity of managing or exerting control over something; "the control of the mob by the police was admirable" | ||
| accounting a system that provides quantitative information about finances | ||
| inventory control supervision of the supply and storage and accessibility of items in order to insure an adequate supply without excessive oversupply | ||
| management control an internal control performed by one or more managers | ||
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