Examlex
Define the four steps in the control process.
Foreign Subsidiary
A company partially or wholly owned by another company that operates in a country different from the parent company.
Responsibility Center
A unit within an organization for which a manager is accountable, focusing on revenue, costs, or investments.
Investment Center
A responsibility center that incurs costs, generates revenues, and has control over decisions regarding the assets available for use.
Financial Measures
Quantitative figures used to assess a company's performance, financial health, and prospects for future success.
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