Question
Give some recommendations in the following with brief explanation:SUPERVISION1. The receiving department clerk unloads the goods and then reconciles the packing slip with the purchase
Give some recommendations in the following with brief explanation:SUPERVISION1. The receiving department clerk unloads the goods and then reconciles the packing slip with the purchase order.TRANSACTION AUTHORIZATION 2. The purchasing department is responsible for the authorization of purchases. 3. Accounts Payable department should not write checksACCESS CONTROL 4. There is no valid vendor documentation before signing the check for cash disbursement. 5. Company relies only on a stand alone workstationACCOUNTING RECORDS 6. Poor inventory management causes stock-outs7. Throwing invoices in the trash Bin
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