2. What are the causes of an UNDERstated RAW MATERIALS inventory transaction file (and please do NOT say theft and think debits AND credits)? List the control procedure(s) that would DETECT MOST QUICKLY explain HOW/WHY ?

3. When inputting hours from a job-time ticket, a peanut-butter-and-jelly sandwich worker keystrokes hours for the TOASTING OPERATION to ham-and-cheese! Required:.

a. Describe a control procedure that would PREVENT this threat from being recorded and please explain how/why (3 pts).

b. IF the control procedure did NOT prevent this threat from occurring what control procedure would DETECT this threat most quickly and please explain how/why (3 pts)..

4. During the create preliminary inventory transfer form process, the workers inadvertently types in 10,000 jogging suits instead of 1,000 jogging suits! Required:

1. What control procedure would PREVENT this threat from being recorded and explain how/why (2 pts);
2. Would the direct material efficiency variance detect this threat? Why or why not? (2 pts).