Company You Like to Run:

discuss the following in detail about opening a grocery store.

• Inventory Management - inventory costs (purchases), safeguarding the inventory, inventory method chosen and why, and how will you detect inventory errors
• Internal Controls - Inventory, Cash, and Accounts Receivable - (Control environment, risk assessment, control procedures) research and brief summary on each internal control
• Cash Management - Receipts and Payments - how and who will handle them
• Receivables Management - Policy and accounting for them