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Examine the flowchart below and determine any control threats. Specifically discuss the control problems, the possible dangers, and any corrective procedures you would recommend. Production

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Examine the flowchart below and determine any control threats. Specifically discuss the control problems, the possible dangers, and any corrective procedures you would recommend.

Production Planning Work Centers Inventory Control Cost Accounting System Prepare Work Order Prepare Journal Voucher General Ledger Update Move Ticket Materials Inventory Records Job Ticket Material Requisitions Excess Material Material Returns Labor Variance Materials Variance Manufacturing Overhead Variance Work Order Mgmt Reports

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