Question
Hello, Below I have addeda couple of homework questions that I need help with. I will also need to have references added to show where
Hello,
Below I have addeda couple of homework questions that I need help with. I will also need to have references added to show where my answers came from as well. Please let me know if you can assist. Thanks
Accounting Methods and Inventories" Please respond to the following:
-Createacorporatepolicydesignedtominimizeinventoryshrinkagerelatedtotheft,stockingerrors,shippingerrors,etc.,indicatinghowthepolicywillbeenforcedandproceduresthatmayneedtobeimplemented.
-Inventory control requires constant attention. Propose a set of guidelines that reflect the necessary monitoring controls for three distinct types of business (e.g., a shoe retailer, a physicians office, and a food vending truck) to minimize loss and waste. Indicate how each control will minimize risk of inventory loss.
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