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Author Question: In order to strengthen controls over cost accounting information, a company should consider implementing (Read 16 times)

danitzaidaly

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Question 1

If the perpetual inventory master files show lower quantities of inventory than the physical count, an explanation of the difference might be unrecorded
◦ sales.
◦ sales discounts.
◦ purchases.
◦ purchase discounts.

Question 2

In order to strengthen controls over cost accounting information, a company should consider implementing
◦ perpetual inventory master files.
◦ a job order cost accounting system.
◦ an accounting system that keeps separate the records of the accounting department from the records of the production department.
◦ an economic quantity order system.


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Marked as best answer by danitzaidaly on Aug 21, 2022

my33251

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danitzaidaly

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)


JaynaD87

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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