Question: Ramsay Mfg. Co. has an active internal audit department that has a major objective to ensure compliance with company policies and to identify ways in

Ramsay Mfg. Co. has an active internal audit department that has a major objective to ensure compliance with company policies and to identify ways in which an organization can improve its operational effectiveness.

Required
Describe how an operational audit might be conducted in the following areas:
a. The treasury functions
b. Inventory management and control
c. Customer service
d. Order entry and shipment

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