Page 148 - AA Integrated Workbook STUDENT 2018-19
P. 148

Chapter 83 4





                           Inventory system





               11.1 Inventory system overview




                       Control objectives                                    Control procedures








                                                   Inventory system






                                    Goods received               Goods despatched




                                    Receipt recorded             Despatch recorded





                                                       Inventory

                                                 movement recorded





                  Illustrations and further practice


                  Look at Chapter 8 section 10 for examples of the control objectives, control
                  procedures and tests of control relevant to inventory.







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