A. Controlling inventory has evolved with the widespread use of technology. Describe one advance in technology that helps reduce theft or errors. What does your company use? Does this replace a physical inventory? Why or why not?

B. What is EFT and how does its use control cash and cash flow? What technology is necessary to utilize EFT?

C. What is open-invoicing and which types of businesses would use it? Compare it with the balance-forward method. Why wouldn't one or the other suffice for all companies?