December 22, 2021 by Admin
A warehouse employee of a retail company has been able to conceal the theft of inventory items by entering adjustments of either damaged or lost stock items to the inventory system. Which control would have BEST prevented this type of fraud in a retail environment?
- An edit check for the validity of the inventory transaction
- Separate authorization for input of transactions
- Unscheduled audits of lost stock lines
- Statistical sampling of adjustment transactions