Answered: _______________________involves the…

_______________________involves the steps taken by management to increase the likelihood that the objectives setdown at the planning stage are attained.

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter13: Systems Development And Program Change Activities

Section: Chapter Questions

Problem 19RQ: What is operational feasibility and what problems must management address to achieve it?

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Concept explainers

Risk Management Techniques

Risk management is the procedure of recognizing, analyzing, monitoring, and preventing the risks and threatening factors of investments and business. Risks can arise from various factors including internal controls, market changes, natural disasters, and failure in productions. Risk management techniques enable entities to control and minimize the risks as well as the threatening factors of the business and it also helps to improve the business.

Question

_______________________involves the steps taken by management to increase the likelihood that the objectives set
down at the planning stage are attained.

Expert Solution

Step 1

Controlling:

Controlling foresees that the organization operates in the planned manner and attains its goals.

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