Which of the four basic measures, if properly installed and implemented may help prevent inventory fraud?

Question

Quizplus · Accepted Answer

Proper documentation ensures that all inventory transactions are recorded accurately and can be traced back to the source. Segregation of duties prevents any one person from having complete control over inventory transactions. Independent checks involve verifying the inventory records periodically to identify any discrepancies or errors. Physical safeguards ensure that the inventory is protected from theft or damage. Together, these measures can help prevent inventory fraud. The other choices either include irrelevant measures or involve fraudulent activities themselves, such as physical padding or prenumbered affiliations.

Which of the Four Basic Measures, If Properly Installed and Implemented