Keenan owns a retail store. He often receives payments from some of his manufacturers to ensure their products are placed in the best location in the store or on the store shelves. These payments are referred to as
A. merchandise allowances.
B. slotting allowances.
C. product allowances.
D. placement allowances.
E. shelf allowances.
Answer: B
You might also like to view...
Which of the following statements is TRUE?
a. External auditors are usually specifically trained to detect fraud. b. Audits of books and records rarely discover frauds. c. Less than 5 percent of all frauds are detected by auditors. d. The presence of auditors provides a major deterrent effect.
An advantage to a high level of stock turnover is that _____
a. there are few lost sales b. quantity discounts are high c. merchandise on shelves is fresh d. low prices affect gross margins
When reasoning from ______ we compare like things and conclude that because they are comparable in a number of ways, they also are comparable in another, new respect.
Fill in the blank(s) with the appropriate word(s).
John while driving along a major highway, fell asleep at the wheel causing his motor vehicle to get out of control and seriously injure Toby who was also driving on the highway. Which of the following types of law will likely come into play?
A) regulatory law B) administrative law C) private law D) A and C E) A and B 2. Which of the following is NOT a recognized goal of class action lawsuits? A) to allow for greater efficiencies in the justice system B) to allow plaintiffs to share legal costs C) to allow plaintiffs to recover higher awards of damages D) to allow more litigants to have access to justice E) to deter potential wrongdoers.