Which merchandising personnel position in a retail chain oversees the execution of merchandise selection and procurement for a particular segment of business?
a. buyer
b. associate buyer
c. store manager
d. divisional merchandise manager
d
You might also like to view...
Which of the following is a test of controls for the transaction assertion of completeness for revenue?
A. Review sales orders for proper credit approval. B. Examine reconciliation of subsidiary ledger to general ledger control account. C. Trace shipping documents to sales invoices and the sales journal. D. Test a sample of sales invoices for authorized customer orders.
The emphasis in verifying petty cash is normally on which of the following?
a. Year-end balance. b. Controls over petty cash. c. Transactions for the period. d. Balance sheet classification.
Which statement concerning strategic planning is correct?
a. Strategic planning should be conducted once a year. b. Strategic plans should emphasize pricing. c. Strategic plans should be adhered to despite their success/failure. d. Strategic planning is a continuous process throughout the year.
9 . Big Firm (BF) is planning a merger with Minor Player (MP). BF has a market share of 50 percent and MP has a market share of 10 percent. If this merger goes ahead as planned, it will lead to an increase in the Herfindahl-Hirschman Index (HHI) by
a. 500 b. 2000 c. 5000 d. 1000