An organization has a goal to prevent the ordering


An organization has a goal to prevent the ordering inventory quantities in excess of its needs. One individual in the organization wants to design a control that requires a review of all purchase requisitions by a supervisor in the user department prior to submitting them to the purchasing department. Another individual wants to institute a policy requiring agreement of the receiving report and packing slip before storage of new inventory receipts. Which of these controls is (are) relevant achieving the state goal? Explain your answer.

 

 

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Accounting Basics: An organization has a goal to prevent the ordering
Reference No:- TGS02608254

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