Business Terms and Jargon Explained

What is Internal Control

This is how a company or organisation manages it assets and systems. Its internal control ensures that the system is working correctly and that it is being used correctly. It keeps a track of what has happened and when. It also keeps a record of what it has and when it was acquired.

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Freight Forwarder Peel the onion In terrorem
Day Trading Somoni Scope Creep
Administratrix Oxygen-move Executrices
Self-Billing Jury Net income
Residual Input Tax Installment Junior debt
Alienation Primogeniture Tax code
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Year end dividend Tax Month Contempt of Court
Money Deposit Publici juris Fiscal Policy

Term created / updated 2006-05-10 23:37:23

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