There are no checks on powers of the __________
Answers
Checks and balances are various procedures set in place to reduce mistakes, prevent improper behavior, or decrease the risk of centralization of power. Checks and balances usually ensure that no one person or department has absolute control over decisions, clearly define the assigned duties, and force cooperation in completing tasks. The term is most commonly used in the context of government.
KEY TAKEAWAYS
Checks and balances can help reduce mistakes and prevent improper behavior in organizations.
These are important in business when one individual has too much control.
Checks and balances are most commonly used in the context of government.
How Checks and Balances Work
The U.S. government exercises checks and balances through its three branches—the legislative, executive, and judicial branches. It operates as a constitutionally limited government and is bound to the principles and actions that are authorized by the federal—and corresponding state—constitution.
Checks and balances are important in businesses and other organizations where one individual can make decisions that affect operations. Checks and balances can cost more money and decrease efficiency but can be critical in helping to identify internal and external theft.
By separating the duties of various employees into clearly defined roles, businesses, and organizations are better able to ensure that rogue employees or executives cannot harm a business without the intervention of other employees. Having these types of internal controls in a business can help improve operational efficiency.
Example of Checks and Balances
The U.S. Constitution provides checks and balances for the U.S. government through the separation of powers between its three branches: the legislative branch, the executive branch, and the judicial branch. The Constitution gave specific abilities to each one of these three branches to ensure that no one section of the government could obtain excessive unchecked power.