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Grocery store

09/09/2020 Client: sarahhitz Deadline: 3 days

Company You Like to Run:


discuss the following in detail regarding opening  a grocery store 



  • Inventory Management - inventory costs (purchases), safeguarding the inventory, inventory method chosen and why, and how will you detect inventory errors

  • Internal Controls - Inventory, Cash, and Accounts Receivable - (Control environment, risk assessment, control procedures) research and brief summary on each internal control

  • Cash Management - Receipts and Payments - how and who will handle them

  • Receivables Management - Policy and accounting for them

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