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To objectives of implementing internal controls in the production cycle are to provide assurance the transactions are properly executed and recorded and that, a. Independent
To objectives of implementing internal controls in the production cycle are to provide assurance the transactions are properly executed and recorded and that,
a. Independent internal verification of activity reports is established.
b. Transfers to finished goods are documented by a completed production report and a quality control report.
c. Production orders are prenumbered and signed by a supervisor.
d. Custody of work-in-process and of finished goods is properly maintained.
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