Which of the following internal control procedures would most likely be used to maintain accurate perpetual inventory
Question:
Which of the following internal control procedures would most likely be used to maintain accurate perpetual inventory records?
a. Independent storeroom count of goods received.
b. Periodic independent comparison of records with goods on hand.
c. Periodic independent reconciliation of control and subsidiary records.
d. Independent matching of purchase orders, receiving reports, and vendors' invoices.
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Related Book For
Accounting Information Systems
ISBN: 9780130861771
8th Edition
Authors: George H. Bodnar, William S. Hopwood
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