Question: Besides taking inventory counts, what other steps or controls can be put into place with regards to inventory? Discuss any physical controls (i.e. non-computer based)

Besides taking inventory counts, what other steps or controls can be put into place with regards to inventory? Discuss any physical controls (i.e. non-computer based) as well as automated (i.e. computer-based) controls that can be implemented to safeguard inventories. What is the goal for each control you noted? Please indicate at least 3 controls or actions that can be taken to help minimize loss of inventory and maintain accurate inventory records.

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