Discuss the importance of having good internal controls in place for inventory, and what control you would implement if you were in charge of inventory for your company.
From Mr. D: For any retail or wholesale business, inventory is the lifeblood that keeps the business going. As you do your research this week, don't hesitate to do some outside research in google etc. Remember Wikipedia is NOT an approved website for research. Here are some other questions to consider: How would you control your inventory? How would you determine what measures to include in an inventory control system?