The internal auditors for a manufacturing company were auditing the inventory management for the company's materials and finished goods. The auditors discovered that the company was not using security guards for the protection of these assets, even though the company maintained a total inventory valued at \(\$ 25\) million.

Required:

a. Name five compensating controls which might be employed to protect the inventories even though security guards are not used.

b. Why might an organization choose one control method over another?