3. Control Activities

Control activities are the rules, procedures and actions aimed at reducing risks so as to attain the goals and objectives of the organization and conductive to implementation of the managers’ decisions. When introducing control activities, the heads of entities must take into account the expected benefit from them, as well as the costs for their introduction and implementation. The control activities must be introduced in the processes and systems at the time of setting up these processes and systems. The introduction of control activities at a later stage is more expensive and less efficient.