________ is the inventory loss due to employee theft, shoplifting, mistakes, inaccurate records, and vendor errors.

A. Break-even point
B. Shrinkage
C. Obsolescence
D. Profit margin
E. Loss margin


Answer: B

Business

You might also like to view...

______________________________ systems are designed to allow a company to market, sell, deliver, and service goods and services to customers throughout the world via the Internet

Fill in the blank(s) with correct word

Business

On September 1, 2014, Watson Company received a loan of $44,940 from One Finance Company. To pay off this loan, Watson Company will have to pay One Finance $10,000 each year for ten years. The first payment is due September 1, 2015. Which interest rate compounded annually is Watson paying on this loan?

A) 12% B) 15% C) 18% D) 24%

Business

Answer the following statement(s) true (T) or false (F)

1. GLOBE dimensions include individualism which refers to how much members of a collective expect power to be distributed equally. 2. Individualism and collectivism are perhaps the most useful and most frequently studied dimensions of cultural variation in explaining a diverse array of social behavior. 3. Tightness refers to the extent to which members of a culture agree about what is correct behavior, believe they must behave exactly according to cultural norms, and believe they will receive or should give severe criticism for even small deviations from cultural norms. 4. Cultural specificity refers to the amount of differentiation in the various domains of individuals' lives. 5. Vertically collective societies view their members as parts of an in-group, but members of the in- group differ in terms of status, and different in-groups are also likely to have varying status.

Business

The first step in using the departmental overhead rate method requires that overhead be traced to each of the company's departments.

Answer the following statement true (T) or false (F)

Business