Which of the Following Is One of the Functions of Universal

question 109

Multiple Choice

Which of the following is one of the functions of universal product codes (UPCs) ?

• A)allows scanners to match codes with brand names, package sizes, and prices
• B)allows retailers to monitor sales numbers
• C)helps prevent shoplifting
• D)provides the detailed information required by governments for sales taxes

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Definitions:

Cost of Merchandise

The total purchase cost of goods that a retailer, wholesaler, or distributor has bought for the purpose of reselling.

Freight In

The cost associated with transporting goods from the supplier to the buyer, typically recorded as part of the inventory cost.

Cost of Merchandise Sold

The direct costs attributable to the goods sold by a company, including the cost of the material and labor directly used in creating the goods.

Merchandising Company

A business that purchases finished goods for resale, making a profit on the sales margin.