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In: Accounting

Besides taking inventory counts, what other steps or controls can be put into place to protect...

  1. Besides taking inventory counts, what other steps or controls can be put into place to protect the physical and financial value of inventories? Note at least 3 steps or controls for this question. You can discuss any physical controls (i.e. non-computer based) as well as automated controls (i.e. computer based).
  2. What is the goal for you each control you noted?

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