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Term: Accounting -> Control environment
Term:

Control environment

Definition:

Control environment is the attitude, awareness, and actions of the board, management, owners, and others about the importance of control. This includes integrity and ethical rules, commitment to competence, board or audit committee participation, organizational structure, assignment of authority and responsibility, and human resource policies and practices.

Related terms:

Interim Financial Statements

Note receivable

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»Effective Leadership Skills
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