Question: The Control Environment as it Relates to Inventory Read the case and answer the questions that follow. The control environment reflects a company's overall attitude,

The Control Environment as it Relates to Inventory

Read the case and answer the questions that follow.

The control environment reflects a company's overall attitude, awareness, and actions of both management and the Board of Directors concerning the importance of control and how it's used in the company.

CONCEPT REVIEW:

It is important in testing any cycle to consider the control environment, especially when testing inventory given its weight in a manufacturing environment.

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