Internal Auditing & Risk Management, No. 4 (52)
Internal Auditing & Risk Management, No. 4 (52), 2018
104 Pages Posted: 25 Oct 2019
Date Written: December 27, 2018
The performance of economic organizations in practice is characterized by: economy - obtaining the necessary resources at the lowest cost, efficiency-maximizing the results obtained from a given amount of resources, or minimizing the amount of resources for a planned outcome and effectiveness – the results achieved achieve the expected results. The determination of the level of organizational performance is determined by how human, material, informational and financial resources are used to achieve the proposed objectives to the level of expectations and how they satisfy the organizational interest.
Keywords: Financial Management, Audit, Business, Economic Organizations
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