Which of the following methods generally is used to determine the loss when inventory is destroyed or stolen?

a. Retail method
b. FIFO
c. LIFO
d. Gross profit method


D

Business

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The three types of off-price retailers are: independents, factory outlets, and corporate chains

Indicate whether the statement is true or false

Business

Which sentence uses second as a noun?

A) ?It will take you only a second to answer my questions about the job requirements. B) ?In Tuesday's meeting Teri said, "I will second the motion." C) You should rehearse your answers to possible interview questions until they become second nature.

Business

Personally or socially preferable modes of conduct or states of existence that tend to persist over time are referred to as ________.

A. values B. beliefs C. customs D. culture E. ethics

Business

Promises made to an employee in a contract or a handbook may prevent an employer from firing the employee without fulfilling the promise.

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

Business