Which Is the Best Form of Inventory Control for Inventory

question 76

Multiple Choice

Which is the best form of inventory control for inventory?

• A)Establish responsibility.
• B)Use a periodic inventory system.
• C)Use a perpetual inventory system.
• D)Document procedures.

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Definitions:

Fairness and Honesty

Fairness and honesty refer to the ethical practices of being impartial, just, and truthful in personal actions and business transactions.

Whistleblowing

The act of an employee exposing an employer’s wrongdoing to outsiders, such as the media or government regulatory agencies.