de trits 'belang, betaling, zeggenschap'

English translation: see details

09:27 Sep 25, 2000
Dutch to English translations [PRO]
Bus/Financial
Dutch term or phrase: de trits 'belang, betaling, zeggenschap'
This appears in the following sentence: Het bestuur is samengesteld volgens de trits belang, betaling, zeggenschap. I don't know if there is a recognised English term for this.
Lucy Simpson
Local time: 08:27
English translation:see details
Explanation:
This is probably a reference to what is known in auditing and good corporate governance practices as segregation of duties. This is an internal control concept in which individuals do not have responsibility for incompatible activities. So in management, too, the traditional triad of interest, payment and say would be applied, meaning that these three functions would be allocated to different individuals.
Selected response from:

jarry (X)
South Africa
Local time: 09:27
Grading comment
Thanks Jarry - PowerPoint documents are notorious for their lack of explanation (bullet points rule OK!), so I didn't really understand what I was dealing with.
4 KudoZ points were awarded for this answer



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nasee details
jarry (X)


  

Answers


58 mins
see details


Explanation:
This is probably a reference to what is known in auditing and good corporate governance practices as segregation of duties. This is an internal control concept in which individuals do not have responsibility for incompatible activities. So in management, too, the traditional triad of interest, payment and say would be applied, meaning that these three functions would be allocated to different individuals.

jarry (X)
South Africa
Local time: 09:27
Native speaker of: English
PRO pts in pair: 3855
Grading comment
Thanks Jarry - PowerPoint documents are notorious for their lack of explanation (bullet points rule OK!), so I didn't really understand what I was dealing with.
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