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A Retail Sales Clerk Forgot to Record a Markdown on a Dress

question 104

Multiple Choice

A retail sales clerk forgot to record a markdown on a dress from $149.00 to $99.00.What impact will this bookkeeping error have on the firm?

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Definitions:

Blind

The condition of lacking visual perception due to physiological or neurological factors.

Disabled

Refers to individuals who have a physical or mental condition that limits their movements, senses, or activities.

Affordable Care Act

A comprehensive health care reform law enacted in March 2010 (also known as Obamacare) aimed at expanding health insurance coverage, improving health care efficiency, and reducing health care costs in the United States.

Health Insurance

A system of insurance that covers the insured person's medical and surgical expenses.

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