Which of the following constitutes the most significant risk within the purchasing cycle?

(a) Receiving department personnel sign receiving documents without inspecting or counting the goods.

(b) Large quantities of relatively inexpensive parts are stored in open areas near workstations to reduce production slowdowns.

(c) Poor records of transfers between warehouses often result in unnecessary purchases and excess inventories.

(d) Warehouse personnel do not compare quantities received to quantities shown on transfer tickets.