Of the Following,which Is Not a Reason for Having Controls

question 115

Multiple Choice

Of the following,which is not a reason for having controls to safeguard inventories?

• A)Protect inventory items from theft.
• B)Avoid stock-outs from not having enough inventory on hand.
• C)Reduce costs of maintaining the LIFO Reserve.
• D)Keep track of overstocked items.

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Definitions:

Routine Inquiry

Routine inquiry refers to standard requests for information or clarification that are common in business and professional contexts.

Bullets

Short, concise points used to list items or highlight key aspects in a document.

Yes or No Questions

Simple questions that can be answered with either a "yes" or "no," used to gather specific information.

Claim Messages

Communications used to assert a belief or demand the recognition of a right, often in the context of business or consumer affairs.