Process Control

Integrated Test Facility (ITF)
An Integrated Test Facility (ITF) is a method of testing system processes and controls within a real-time environment using fictitious entries to help detect errors, weaknesses, and any material misstatements.
Process Control System
Process control systems are computerized sensing systems that monitor specialized devices and processes within a controlled environment. These systems have the capability of automatically making adjustments to maintain preset environmental specifications.

Accounting Terms Lexicon

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