Examlex
The use of internal controls provides a guarantee against losses due to operating activities.
Cost Effective
A term that describes a process, project, or expenditure that provides the best possible outcome or value for the money spent.
Training Needs
Identifications of gaps in skills, knowledge, and abilities among employees, determining what training is required to bridge these gaps for improved performance.
Double-Loop Learning
A learning concept where individuals not only make corrections based on mistakes but also examine and adapt the underlying governing values and policies.
Setbacks
Unforeseen challenges or obstacles that hinder progress or achievement of goals.
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