Which of the following control procedures is designed to reduce the risk of theft of inventory? a.

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Which of the following control procedures is designed to reduce the risk of theft of inventory?

a. Restriction of physical access to inventory

b. Periodic physical counts of inventory and reconciliation to recorded quantities on hand

c. Documentation of all transfers of inventory between employees

d. All of the above

e. None of the above

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Accounting Information Systems

ISBN: 9781292220086

14th Global Edition

Authors: Marshall B. Romney, Paul John Steinbart

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