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Internal controls that should be applied when a business takes a physical count of inventory should include all of the following except: Prenumbered inventory tickets.
Internal controls that should be applied when a business takes a physical count of inventory should include all of the following except:
Prenumbered inventory tickets. |
A manager confirms that all inventories are ticketed only once. |
Counters confirm the validity of inventory existence, amounts, and quality. |
Second counts by a different counter. |
Counters of inventory should be those who are responsible for the inventory. |
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