Proper control techniques in receiving merchandise prevent the small business owner from paying for suppliers' and shippers' mistakes.

Question

Quizplus · Accepted Answer

Proper control techniques in receiving merchandise help small business owners to identify any errors or discrepancies in the shipment, which can prevent them from paying for the suppliers' and shippers' mistakes. This includes checking the quantity and quality of the products received, verifying the purchase order and invoice, inspecting for damages or defects, and reporting any issues to the supplier or shipper promptly. By implementing these control measures, small business owners can protect their interests and ensure that they receive the goods they ordered at the agreed-upon price and terms.

Proper Control Techniques in Receiving Merchandise Prevent the Small Business