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Author Question: Which of the following is not a common control for ensuring inventory is secure and inventory counts ... (Read 89 times)

jessicacav

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Question 1

What is the best way to prevent the acceptance of goods that were never ordered?
◦ Order only from approved vendors.
◦ Enforce an appropriate conflict of interest policy in place.
◦ Match the packing slip to a purchase order before accepting delivery.
◦ Require specific authorization from the purchasing manager before accepting any goods.

Question 2

Which of the following is not a common control for ensuring inventory is secure and inventory counts are accurate?
◦ control of physical access to the inventory storage areas
◦ transfers of inventory with proper documentation
◦ sending "blind" copies of purchase orders to inventory control for data entry
◦ making physical counts of inventory at least once per year


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Marked as best answer by jessicacav on Apr 8, 2019

iceage

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