Discuss five measures that a business may take to safeguard and control its property

      

Discuss five measures that a business may take to safeguard and control its property.

  

Answers


johnson
Ensuring proper repairs, securing and maintenance of machines, equipment
and buildings for their long life.

Keeping records of movement and usage of each of the property to avoid loss,
wastage and misuse of the property.

Ensuring and encouraging proper physical care of the property to avoid damage
to the property.

Enhancing security against thefts e.g. by employing watchmen, installing security lights and fencing the business premises.

Taking insurance cover for compensation incase of a risk.

Physical stock-taking of each property to avoid theft and pilferage of the property.

johnson mwenjera answered the question on February 11, 2018 at 18:06


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