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28 October, 03:50

Dan and another manager Susie are arguing about how their company has set up the material requisition slips. For their company a manager has to sign off on all request slips in addition to the individual who is requesting the materials. Dan thinks this is an unnecessary extra step, while Susie believes this is important for the company. Who is correct

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Answers (2)
  1. 28 October, 05:52
    0
    Susie is right

    Explanation:

    One of the basic principles of internal control for deterring fraud is separation of duties, and it basically refers to the fact that single person should not be responsible for making decisions regarding assets or cash flows.

    In this case, by signing the material requisition slips, the manager is authorizing the request his/her subordinate made. This establishes accountability over materials and components inventory.
  2. 28 October, 05:56
    0
    Susie is correct.

    Explanation:

    The material requisition slip is a document used by the production area of a company to request the materials that are needed for the maufacturing process. This allows to have a record of the materials that are moved and it should be sign by a manager because this provides an authorization that establishes responsability and more control over the inventory. According to this, the answer is that Susie is correct when saying that it is important for the company that a manager signs off on all request slips in addition to the individual who is requesting the materials.
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Home » Business » Dan and another manager Susie are arguing about how their company has set up the material requisition slips. For their company a manager has to sign off on all request slips in addition to the individual who is requesting the materials.
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