Question: QUESTION 29 For each problem isted below, select the best internal control procedure to prevent or detect the problem? A production employee stole items of
QUESTION 29 For each problem isted below, select the best internal control procedure to prevent or detect the problem? A production employee stole items of work-in-process inventory. A parts storeroom clerk issued parts in quantities 10% lower than those indicated on several materials requisitions and stole the excess quantities. Overproduction of a slow-moving product resulted in excessive inventory that had to eventually be marked down atld sold at a lossy A production worker entering job-time data on an online terminal mistakenly entered 3,000 instead of 300 in the "quantity-completed fiel Flag any amounts that are unreasonably high or low and have the system display a request that the worker reenter the quantity 8. Create a Master Production Schedule based on information from sales forecasts and customer orders, taking into account inventory on hand. Implement documentary control over quantities of in-process inventories and their movement through the factory (e.g, move tickets). Require the recipient of inventories from stores to sign a requisition for the exact quantities received D. Csels canned with CamScanerenti
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