If a Clothing Store Customer Takes a Pair of Pants

question 16

Multiple Choice

If a clothing store customer takes a pair of pants from the rack, removes all of the external sales tags, and then approaches the sales clerk or a refund, what crime may be charged?

• A)Theft
• B)Fraud
• C)Criminal mischief
• D)None of the above

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Definitions:

Units Produced

The total quantity of items manufactured by a company during a specific period.

Total Fixed Costs

The cumulative sum of all business expenses that are consistent and do not vary with the level of output, including overheads like rent, salaries, and utilities.

Level Of Activity

The volume of output or production activity attained within a specified period, often used to measure the efficiency and capacity utilization of a business.

Cost Behavior

The manner in which a cost changes in relation to its activity base (driver).