Many Companies Have Inventory That Is Easy to Steal and Is

question 11

Multiple Choice

Many companies have inventory that is easy to steal and is readily marketable.Which of the following controls helps to prevent theft and misuse of inventory?

• A)physical control of inventory from time of receipt until use
• B)proper access controls over the inventory master and transaction files
• C)dual signatures required on all purchase orders over $10 000
• D)purchase requisitions are to be approved by the production manager

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Definitions:

Unconscious Factor

Elements of the psyche that influence thoughts and behavior without the individual's conscious awareness.

Life Narrative

An individual's personal story or account of their life experiences, reflecting their identity, values, and beliefs over time.

Stage of Life

A phase in the human lifecycle characterized by unique challenges, motivations, and psychological developments.

Differing Needs

The varied requirements or desires individuals have, based on their unique circumstances, personalities, and stages of life.