The case of the half‐a‐million pounds stock deficit: Part Two: Documentation control and “cut off”

Abstract

In the second part of their article (part one was published in the last issue of RDM, May/June 1983) the authors continue to outline further ways in which errors occur — paying invoices twice, and duplicating goods received notes. However, they discovered that the largest area of errors could be attributed to “cut offs” — a procedure concerned with the arrangement made at the company's financial year end to ensure that there is agreement between physical stocks and the figures shown in the accounts.

Citation

Bethune, H. and Chadwick, L. (1983), "The case of the half‐a‐million pounds stock deficit: Part Two: Documentation control and “cut off”", Retail and Distribution Management, Vol. 11 No. 4, pp. 27-29. https://doi.org/10.1108/eb018194