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June 7, 2024

Financial Controls [NACE: 2, 3, 8] [WLO: 3] [CLOs: 1, 2, 5]

Financial Controls [NACE: 2, 3, 8] [WLO: 3] [CLOs: 1, 2, 5]

Prior to participating in this discussion forum read the following chapters from the required textbook: Chapter 5 discusses regional and global markets for business. It also discusses the management of those markets. Chapter 15 discusses the use of control systems and processes within organizations.

Based on the information presented in the readings,

What is the primary financial control tool used to manage the operations of an organization and how can it equip managers with the information they need to make decisions? How are financial controls different for a global organization? Provide three examples.

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