Which of the Following Is Not a Common Control for Ensuring

question 107

Multiple Choice

Which of the following is not a common control for ensuring inventory is secure and inventory counts are accurate?

• A)control of physical access to the inventory storage areas
• B)transfers of inventory with proper documentation
• C)sending "blind" copies of purchase orders to inventory control for data entry
• D)making physical counts of inventory at least once per year

Recognize common errors in the data-gathering stage and learn strategies to avoid them.

Know the importance and methods of citation to support academic integrity.

Identify the characteristics and uses of primary and secondary research in problem-solving.

Understand the basic concept and purpose of a proposal.

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Definitions:

Direct Investment

The purchase of substantial stock in a foreign firm or the control of assets in another country, often to establish a business presence.

Foreign Subsidiary

A company that is owned or controlled by another company located in a different country, operating as an extension of the parent corporation abroad.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business operation.