You can use cycle counts on a cyclic schedule rather than taking physical inventories. The most effective cycle counts are those conducted on a daily basis.
Tell me what is benchmarking?
Tell me why purchasing cards are so much popular nowadays?
Described two-step procurement?
Described life cycle costing?
How to turns inventory calculated?
What we do before an audit processes?
How to involve people in an audit process?
Explain what do we mean by vouching?
Explain what techniques used during an audit process?
What we have to do after the audit?
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