Which of the Following Would Be the Best Control to Prevent

question 57

Multiple Choice

Which of the following would be the best control to prevent receiving department employees from stealing inventory and claiming the ordered quantity wasn't received from the vendor?

• A)Reconcile quantity on packing slip to physical count when accepting delivery.
• B)Restrict physical access to the receiving area.
• C)Require all deliveries be made at the receiving area.
• D)Require dual signatures on the move ticket when receiving delivers the inventory to the warehouse.

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Definitions:

Value

The relevance, merit, or utility of something for someone.

Transaction-oriented Marketing

Marketing strategies focused primarily on making sales transactions rather than building long-term relationships with customers.

Premium Pricing

A competitor-based pricing method by which the firm deliberately prices a product above the prices set for competing products to capture those consumers who always shop for the best or for whom price does not matter.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.