Many people believe that the focus of control in a successful organization reflects the strategic initiatives in the organization. For each of the following organizations, identify what you think are the three most important items assessed by the organization’s financial control system and why each is important. For each organization, what critical information is not assessed by the financial control system?
a. A company selling cable television services to its subscribers
b. A symphony orchestra
c. An organization selling canned soup
d. A government agency responsible for finding jobs for its clients
e. An auditing firm
f. A company selling high-fashion clothing.