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As mentioned on my previous post [How Accounting Could be Used to Inflate Revenue] , valuations are commonly based on earnings estimates. Thus, it is not...
Obsolete inventory, in certain companies can be a big proportion of the whole inventory. Therefore, there is no reason to neglect it. Inventory control system should...
Inventory in transit is an area that is customarily ignored by control system designers, because they tend to think only in terms of on-site inventory. However,...
Inventory is naturally difficult current asset to control. By the location, in a manufacturing company, it could be spread from the warehouse to the production area,...
Thousands of possible controls can be used to ensure that a company maintains proper control over its assets. The following list represents the 14 most common...