Supervision

Designated Professional Body (DPB)
Designated Professional Body (DPB) refers to professional organizations authorized to supervise and regulate specific activities, such as investment business, by their members who are professionals like accountants or solicitors.
Management
Management involves the combined fields of policy and administration, as well as the people who provide the decisions and supervision necessary to implement the owners' business objectives and achieve stability and growth.
Management Style
The leadership method a manager uses in administering an organization, which significantly influences both organizational culture and performance.
Monitor
A monitor is generally a device or program that keeps track of or displays information. In the context of computers, it refers to a program that supervises other software activities or a device that accepts video signals from a computer and displays them visually.
Regulatory Agency
A regulatory agency is a government body tasked with the oversight, control, and supervision of specific activities or areas of public interest.
Span of Control
Span of Control refers to the principle of management stating the number of people a manager can supervise effectively. The ability to supervise people depends on various factors including the nature of the job, the professional level of employees, and their geographical location.
Unity of Command
The principle of Unity of Command in management states that each subordinate should report to only one superior to avoid confusion and conflict.

Accounting Terms Lexicon

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