Question
1.Is all inventory stored under the control of a custodian in areas with limited access? 2.Is there a stated policy with specific criteria for writing
1.Is all inventory stored under the control of a custodian in areas with limited access?
2.Is there a stated policy with specific criteria for writing off obsolete or slow-moving goods?
3.Are physical counts made by someone other than the person who either has responsibility for the custody of the inventory or the maintenance of the inventory records?
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
9th Edition
1119754054, 9781119754053
