Internal Controls
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Discuss some of the differences in internal controls between merchandising, manufacturing and service organizations. Use examples to help illustrate these differences.
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Discuss some of the differences in internal controls between merchandising, manufacturing and service organizations. Use examples to help illustrate these differences.
In case of merchandising the internal controls are focused on the movements of goods, the money received for the goods sold and purchase of goods. For example, if one employee is charge of 'scrap' and the merchandiser has the policy of having one man filling a box with scrap, taking it to the ...
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