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Microchips are embedded in each product and when inventory items are removed from the warehouse to shipping, radio-frequencies signal a deduction of inventory to the
Microchips are embedded in each product and when inventory items are removed from the warehouse to shipping, radio-frequencies signal a deduction of inventory to the perpetual inventory system.
For each of the internal controls:
Identify the related transaction-related audit objective(s) affected by the control.
Describe risks the control is designed to mitigate.
Design a test of control to determine if the control is operating effectively
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