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TeachMeFinance.com - explain Internal Controls Internal Controls The term 'Internal Controls ' as it applies to the area of Medicare in the United States can be defined as ' Management systems and policies for reasonably documenting, monitoring, and correcting operational processes to prevent and detect waste and to ensure proper payment'. Previous 5 Terms: Intermittent Peritoneal Dialysis Intermittent Stream Intermittent stream (seasonal stream) Internal Collector Storage (ICS) Internal combustion plant Next 5 Terms: Internal drainage Internal erosion Internal Revenue Service-Social Security Administration-Health Care Financing Administration Data Match Internal vibration International Atomic Energy Agency (IAEA) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.