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Below are select examples of some of the control activities that a large department store of men and women's clothing has in place. Required: For
Below are select examples of some of the control activities that a large department store of men and women's clothing has in place. Required: For each scenario being described, indicate the most likely control activity being described. Special Note: Each possible answer is only used once in this question. employee management When an employee is first hired, he or she is given clear instructions regarding the company's internal control procedures as well as how to report any irregular activities the employee discovers. Choose... The company's inventory buyer places orders but a different person pays for the orders. reconciliations . The company physically counts its inventory at the end of each year and compares the physical count to its accounting records. Choose... A customers credit card information is encrypted so that only authorized personnel can access it. Choose... Warehouse employees are required to have their personal items (ex. handbags and bookbags) scanned by a machine before they can leave the warehouse
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