Internal controls methods and strategies used to keep information and inventory safe from theft and to easily tell if something is compromised or missing. in this assignment, you will recommend internal controls for safeguarding inventory from an accounting perspective and explain which financial statement are affected by missing inventory. Scenario One of your friends has opened a new wholesale electronics business and wants you help figuring out some inventory issues they are facing. One night last week, there seemed to be fewer HD television in the warehouse than they expected. The last time they were in the warehouse was a week earlier, and they hadn't noticed anything amiss. As they looked around, they saw that the evening warehouse worker was filling the last orders of the day. They delivery driver and day warehouse worker were gone for the day, and the delivery van keys were on the desk that the warehouse workers shared. The doors to the loading dock were open, as was the door to the office area where the accountant, two customer service specialists, and the owner worked. Prompt Based on what you have learned about internal controls, provide recommendations on what controls the business owner should put in place to prevent loss of inventory and ensure that any losses are reported immediately. Also, specify which parts of the financial statement are affected by these losses. Specially, you must address the following rubric criteria 1. Role of internal Controls 2. Recommendations 3. Financial Statements 4. Citations and attributions