Question: provide recommendation for this controls Assets not physically verified 2 Internal audit staff shortages 2 Payroll setting up new staff 2 Lack of approval for
provide recommendation for this controls
Assets not physically verified 2 Internal audit staff shortages 2 Payroll setting up new staff 2 Lack of approval for wage increase 2 Credit limits not reviewed regularly 2 Inappropriate access to high value inventory 2 Perpetual inventory counts not complete 2 Bank reconciliations not always reviewed 2 Invoices not paid in line with suppliers terms
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
