Feedback Definition: Accounting and other reports that help managers monitor performance and focus on problems and/or opportunities that might otherwise go unnoticed. Recommended Books ! Or Download E accounting book in MS-word format for just 20 $ - Click here to Download
Feedback is a process in which information about the past or the present manipulate the same phenomenon in the present or future. As part of a chain of cause-and-effect that forms a circuit or a loop, the event is said to “feed back” into itself.