Financial control is the process of comparing actual corporate spending to prior financial estimates, which is what a person whose job it is to do.
The processes, methods, and techniques used by an organization to monitor and manage the use, allocation, and direction of its financial resources are known as financial controls. Any organization's resource management and operational effectiveness are fundamentally dependent on its financial controls.
Financial Control includes all of the Bank's operations, including credit risk, performance indicators, information and management systems, the administrative budget, asset liability management, and market risks, whose data streams have a significant influence on the Bank's financial situation.
Therefore, it is Financial control.
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