Which of the following would be an appropriate improvement to controls over large quantities of consumable material that are charged to expense when placed in bins which are accessible to production workers?
Which of the following would be an appropriate improvement to controls over large quantities of consumable material that are charged to expense when placed in bins which are accessible to production workers?
Relocating bins to the inventory warehouse would be an appropriate improvement to controls over large quantities of consumable material. This action ensures that the materials are stored in a controlled and secure environment, reducing the risk of misuse or unauthorized access by production workers. It also allows for better inventory management and monitoring, which can help in tracking usage and minimizing loss or waste.
Cost~expenses
Budget analysis is a good control for expenditure, management has to ensure that the expenses is not above the budget, the other controls suggested will not control the expenditure in any way
A and C are most, not improvement, D is wrong B , when management check the value of consumables and compare it to the budget that will show the care of management and improve in control from top to down