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Technician A says aluminum heads can be checked for cracks with a process known as magnafluxing. Technician B says a red dye penetrant is used to check for cracks on cast iron heads. Which technician is correct?
Inventory Shrinkage
The loss of products between purchase from a supplier and sale to a customer, often due to theft, damage, or errors.
Cost of Merchandise Sold
The total cost incurred by a company to sell its products, including the cost of the goods themselves plus any additional expenses.
Sales Tax
A tax on sales or on the receipts from sales, typically added to the purchase price by the seller.
Gross Profit
The difference between revenue and the cost of goods sold before deducting overhead, payroll, taxation, and interest payments.
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