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

---

Definitions:

Ordinary Holder

An entity or individual that possesses a negotiable instrument but does not necessarily have the rights of a holder in due course.

Rights

Entitlements or privileges granted to individuals, which are protected by law or social convention.

Assets

Economic resources or valuable items that are owned by an individual or business and are expected to provide future benefits.

Negotiation

The process by which two or more parties communicate back and forth for the purpose of reaching a joint agreement about differing needs or ideas.