Store Security Relates to Two Issues: ________ and ________

question 12

Multiple Choice

Store security relates to two issues: ________ and ________.

• A) inventory security; cash security
• B) employee security; manager security
• C) personal security; merchandise security
• D) employee security; customer security

Understand how to calculate inventory purchases required for future sales based on cost of goods sold percentages and inventory policies.

Analyze cash flow by calculating cash collections and disbursements based on sales, policies, and operational cycles.

Calculate the length of the cash cycle using turnover rates and payment periods.

Understand and calculate accounts payable and receivable periods using sales and cost of goods sold data.