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Last Updated: May 29, 2026
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1. Inventory transfer from a store can be characterized based on:
A) Both A & B
B) None of the above
C) For what purpose the merchandise is being sent
D) Where merchandise is being sent
2. . Stock is finally moved to the aisles in the store - this stage in stock receipt is called
A) Inventory update
B) Stock adjustment
C) Stock storage
D) Item verification
3. Which of the following performance indicator is part of both gross margin as well as sales information?
A) None of the above
B) Return on labor
C) Return on inventory
D) Return on space
4. Faulty scheduling of store associates can cause
A) All of the above
B) Unfulfilled labor demand
C) Mismatch between number of associates and shifts
D) Increase in associate attrition rate
5. A POS (Point of Sales) system will normally use one of the following items
A) A bar code reader
B) A shopping cart
C) Racks and gondolas
D) A back lit display board
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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