Question

if a business with several branches did not maintain a system of branch account, what financial control element would be missing?​

Answer 1

Branch Performance Evaluation will be missing in such a system as the performances of the several branches cannot be determined or compared.

Step-by-step explanation:

Branch performance evaluation is the sum of all the control and productive procedures to measure the activities of branches and the results they produce based on their activities and responsibilities for the corporate resources at their disposal. This branch-wide performance evaluation becomes the missing link, assuming that branches exercise some internal controls on their own.