Explain why the Otley and Berry notions about control maybe useful to the understanding of organisational activities.
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Question 1) Explain why the Otley and Berry notions about control maybe useful to the understanding of organisational activities. 2) All organisations have controls in different parts of their work. Explain why these are necessary. Provide four different examples of these. 3) Re-state the four examples in (b). Explain what type of classification you will give to each type of control. To start with, an explanation of the meaning of control is important as any precise definition can be misleading. In various articles, we will often come across controls such as financial, management, operational control and many more but it should be noted the implication of each control is often different and a good understanding of each type is worth knowing. A clear distinction between management accounting and financial accounting is common in all text books, but it is not often the same for the control side, this is why I will first of...


