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Business, 27.07.2021 23:30, macylen3900
The objectives of the internal control structure for a production cycle are to provide assurance that transactions are properly executed and recorded, and that:
a. independent internal verification of activity reports is established.
b. transfers to finished goods are documented by a completed production report and a quality control report.
c. production orders are pre-numbered and signed by a supervisor.
d. custody of work in process and of finished goods is properly maintained.
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Answers: 2
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The objectives of the internal control structure for a production cycle are to provide assurance tha...
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