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Imagine you are an accountant doing bookkeeping (recording of financial transactions) for Green Folk Boutique-remember it? The manager is trying to implement controls in order
Imagine you are an accountant doing bookkeeping (recording of financial transactions) for Green Folk Boutique-remember it? The manager is trying to implement controls in order to deal with theft. You have been asked to provide the sales and inventory report for the last quarter so the manager can determine whether the controls put in place have worked. Once you provide that data, what is the next step in the control process? Explain your choice. A Take corrective action B. Set standards C Compare performance relative to standards set
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