An Operation Experiences Cashier Shortages That Average $50

question 18

Multiple Choice

An operation experiences cashier shortages that average $50.00 per day. If the operation is open 360 days per year, what will be this operation's annual revenue loss due to cashier shortages?

• A) $180
• B) $1,800
• C) $18,000
• D) $180,000

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Definitions:

Disclosure

The act of making new or significant information known, particularly in legal and corporate contexts, where transparency is required by law or policy.

Principal

The main party to a transaction, obligation, or financial instrument, in contrast to an agent or intermediary.

Third Party

An individual or group besides the two primarily involved in a transaction or legal case.

Undisclosed Principal

A party in a contract whose identity is not revealed to the third party by the agent, allowing the principal to conduct transactions anonymously.