In a Point of Sale System, Which of the Following

question 65

Multiple Choice

In a point of sale system, which of the following is NOT one of the processing integrity risks reduced by having an automated POS system?

• A)Pricing errors
• B)shrinkage due to theft
• C)cash shortages
• D)Erroneous or invalid sales invoices or voids

Recognize the significance of including culture and ethnicity in psychological research and its implications on behavioral outcomes.

Discern between the various formats of personality testing and their optimal applications.

Understand the concept of fair price and its determination in supply chain management.

Identify factors that may lead to the rejection of the lowest bid in procurement processes.

---

Definitions:

Equity Securities

The common and preferred stock of a firm.

Market Price

The price at which an asset or service is traded in the open market.

Short-term Profits

Refers to the earnings generated by a company over a short period, typically within a year.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing ownership interest held by shareholders.