| NOUN | act | internal control | an accounting procedure or system designed to promote efficiency or assure the implementation of a policy or safeguard assets or avoid fraud / fraud and error etc. |
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| Meaning | An accounting procedure or system designed to promote efficiency or assure the implementation of a policy or safeguard assets or avoid fraud / fraud and error etc.. | |
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| Category | accounting | A system that provides quantitative information about finances |
| Narrower | 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 | |
| quality control | Maintenance of standards of quality of manufactured goods | |
| Broader | control | The activity of managing or exerting control over something |
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