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control

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › control

Viewing 2 posts - 1 through 2 (of 2 total)
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  • June 25, 2018 at 5:19 pm #460111
    adarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    Hello Chris!

    Kindly explain the difference between ‘risk and reward’ and ‘control’?

    Thanks.

    June 26, 2018 at 9:06 am #460161
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7187
    • ☆☆☆☆☆

    Hi,

    Control is the power to direct the activities of the operation, and the risk and reward is what arises from having control, i.e. the risk of poor performance and the reward of good performance.

    Thanks

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