The new manager of the inventory storeroom has been terminated, but, in your 45th week on the job, you discover new problems with inventory under the third manager of the storeroom since you were hired:

1) There are no physical safeguards against theft and fire

2) Inventory requisitions are not used

3) There is no control over intra-company inventory transfers

Discuss the financial and ethical problems that exist. What are your recommendations?