Suggest at least two elements systems methods an organizatio

Suggest at least two elements/ systems/ methods an organization can use as guides for financial controls (including elements like employee compensation, incentives, and community support) and maintain the meeting of organizational goals.

Solution

Financial control is used as a tool to track performance on financial parameters. The performance is used to achieve the organizational goals.

2 methods that can be used as a guide are:

Financial controls helps in analyzing measurable objectives for operations. It is a tangible method to evaluate and analyze the progress towards achieving organizational goals. If the progress is not good and will not yeild the desired result, corrective action can be taken to get back on track in order to achieve the goals.