In an Initial Trial of Radio Frequency Identification (RFID)tags on Garments

question 9

Multiple Choice

In an initial trial of radio frequency identification (RFID) tags on garments in 2007,American Apparel found that inventory shrinkage,a reduction in inventory,was 20 percent,double the retail industry average.The inventory shrinkage was a result of ____.

• A)Employee theft
• B)being soft on shoplifting
• C)lax internal controls over shipping and delivery
• D)all of the above

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Definitions:

Insider

An individual who possesses access to valuable non-public information in a corporation, often due to their position or relationship to the entity.

Attorney Services

Professional legal services provided by a licensed attorney, including advising clients, representing them in court, and drafting legal documents.

Dischargeable

Describes debts that can be eliminated through bankruptcy, releasing the debtor from personal liability for certain financial obligations.

Medical Expenses

Costs incurred from medical care, treatments, or procedures, often considered for financial accounting, insurance claims, or tax deductions.