When considering employee theft of inventory items, what is the greatest safeguard that a veterinary hospital can implement in order to safeguard the practice’s assets?
  1. A physical inventory count
  2. A perpetual inventory system
  3. An inventory control card system
  4. Assigning a single inventory manager
Explanation
Answer: B- When considering employee theft of inventory items, a perpetual inventory system is the greatest safeguard that a veterinary hospital can implement in order to safeguard the practice’s assets. The computerized records can easily be compared frequently to a physical count in order to uncover discrepancies.
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