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Ask the Tutor ACCA AA
Inventory Count Process
This Q has been adapted from the past exam Q Smoothbrush (June 2010) in which it said "The counting team includes a member of the internal audit department and a
warehouse staff member". 1. would therefore be deficient because the count team should be independent of those who work in the warehouse.
Indeed - it is ok - there should be a balance and I would have thought the other member being internal audit would make up for the deficiency. As I said, this is based on an old questions - some of the details of which have omitted.
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