Independent internal verification of inventory (i.e., proper segregation of duties) occurs when employees who

a. Issue raw materials obtain materials requisitions for each issue and prepare daily totals of materials issued.

b. Compare records of goods on hand with physical quantities do not maintain the records or have custody of the inventory.

c. Obtain receipts for the transfer of completed work to finished goods prepare a completed production report.

d. Are independent of issuing production orders update records from completed job cost sheets and production cost reports on a timely basis.