Question: Explain how a physical inventory count would be used differently
Explain how a physical inventory count would be used differently by a company using a perpetual inventory system vs. a period inventory system.
Answer to relevant QuestionsHow can programmed controls within the IT system for conversion processes enhance internal controls? Give some examples of manufacturing processes that would fit into each of the three different types of production processes: continuous processing, batch processing, and custom made-to-order.1. Identify several factors that indicate the need for more extensive internal controls covering conversion processes.2. (SO5) Match the IT systems on the left with their definitions on the right:Arbol Dynamics Inc. and ethical issues.Required:a. What should Jamie Trogg do? Explain your answer and discuss the ethical considerations that she should recognize in this situation.b. What corporate governance functions are ...To properly segregate duties, what are the three functions that general ledger employees should not do?
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