a) The manager of Ghana Boxes company has a lot of challenges managing its stock...
60.1K
Verified Solution
Link Copied!
Question
Accounting
a) The manager of Ghana Boxes company has a lot of challenges managing its stock item in inventory, the company has decided to employ a stores manager, you have been shortlisted as an applicant suitable for the job, you have been asked by a panel member in the interview, to explain the likely challenges affecting the stores of the box production company and suggest ways through which as a potential store manager, mechanisms you would adopt to ensure inventory are managed within the standard practice.
b) In your view to protect the investment of the company, what measures would you suggest that the company adopts to protect the capital invested in the stock items and why?
c) Finally, in the bid to keep accurate records explain the various stock-taking methods available to the stock manager and how these would differ between your choice of the company above and a grocery store?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
