Of the following,which is not a control for safeguarding inventories?
A)Storing inventory in a locked warehouse.
B)Having the person responsible for receiving inventory purchases also be responsible for shipping inventory sales.
C)Limiting inventory access to authorized employees.
D)Separating inventory accounting from inventory handling duties.

Question

Quizplus · Accepted Answer

Having the same person responsible for receiving and shipping inventory creates a lack of segregation of duties and increases the risk of errors or fraud. The other options all provide effective controls for safeguarding inventory.

Of the Following,which Is Not a Control for Safeguarding Inventories