A system of internal financial accounting controls for inventory would include all of the following except
A)authorization for all purchases.
B)proper accounting for receipt of inventory.
C)perpetual inventory system.
D)rapid introduction of new products without market studies.

Question

Quizplus · Accepted Answer

Rapid introduction of new products without market studies is not related to internal financial accounting controls for inventory. The other options are necessary components of a system of internal financial accounting controls for inventory.

A System of Internal Financial Accounting Controls for Inventory Would