Unformatted text preview: The inventory clerk has complete control over the master inventory records and reports to the production foreman. The foreman may encourage the inventory clerk to misstate inventory due to shortage or damage from production. The foreman should not have oversight over inventory due to conflict of interest. The purchasing clerk reports to the production superintendent. This is a conflict of interest because the production superintendent could pressure the purchasing clerk to purchase unnecessary material or different materials than those required to meet budget. The purchasing clerk should report to the controller....
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- Fall '15
- Balance Sheet, credit manager, receivable clerk reports