Which of the following controls can minimize the threat of theft of inventory?
A)The use of innovative performance metrics.
B)The use of periodic physical counts of inventory and reconciliation of those counts to recorded quantities.
C)The use of encryption.
D)The use of production planning systems.

Question

Quizplus · Accepted Answer

The use of periodic physical counts of inventory and reconciliation of those counts to recorded quantities can help detect discrepancies and prevent theft of inventory. Encryption and production planning systems are not directly related to controlling the theft of inventory. Innovative performance metrics may help improve overall performance, but may not specifically address inventory theft.

Which of the Following Controls Can Minimize the Threat of Theft