The major risk exposures associated with the receiving department include all of the following except
A)goods are accepted without a physical count
B)there is no inspection for goods damaged in shipment
C)inventories are not secured on the receiving dock
D)the audit trail is destroyed

Question

Quizplus · Accepted Answer

The major risk exposures associated with the receiving department include goods being accepted without a physical count, no inspection for goods damaged in shipment, and inventories not being secured on the receiving dock. Destroying the audit trail is not an exposure associated with the receiving department; rather, it is a risk associated with poor record-keeping practices.

The Major Risk Exposures Associated with the Receiving Department Include