Green Gardens' owner has asked your advice about a possible problem at his business.  Over the last 6 months the large-sized lawn and garden inventory (ie, tables, chairs, planters, etc.) has appeared to be short.  The inventory records that employees use to determine what is on hand show that more inventory is available than can actually be located.  This has cause frustration and mis-trust in the inventory records for the sales employees.  The owner realizes that the problem is bigger than just frustrated employees.  He is afraid that inventory is being stolen, a problem he didn't think possible given that these are large items that are not easily moved. Requirements:  Provide the owner with two internal controls that he could implement to reduce the likelihood of theft of the lawn and garden inventory.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Green Gardens' owner has asked your advice about a possible problem at his business.  Over the last 6 months the large-sized lawn and garden inventory (ie, tables, chairs, planters, etc.) has appeared to be short.  The inventory records that employees use to determine what is on hand show that more inventory is available than can actually be located.  This has cause frustration and mis-trust in the inventory records for the sales employees.  The owner realizes that the problem is bigger than just frustrated employees.  He is afraid that inventory is being stolen, a problem he didn't think possible given that these are large items that are not easily moved.

Requirements:

 Provide the owner with two internal controls that he could implement to reduce the likelihood of theft of the lawn and garden inventory.

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