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Accounting Control

Broadly speaking, control is the power/ authority to direct and manage (people's behavior, course of events, things, etc.) In accounting,...

Power

The ability of an entity to direct the relevant activities of another entity by having existing rights in specific aspects...

Control

Broadly speaking, control is the power/ authority to direct and manage (people's behavior, course of events, things, etc.) In accounting,...

Onerous Contract

A contract whose costs outweigh its potential benefits. More specifically, the unavoidable costs of meeting the obligations under this contract...