List the objectives of financial control system.

Financial control systems are critical in any organization to ensure that financial resources are effectively and efficiently managed. Financial control systems are designed to help an organization achieve its goals and objectives by ensuring that financial resources are properly utilized. The objectives of a financial control system include:

1. Ensure Financial Compliance: One of the primary objectives of a financial control system is to ensure that an organization complies with all relevant financial regulations, accounting standards, and tax laws. This helps an organization avoid penalties and legal action while maintaining the integrity of its financial reporting.

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