The Uses of Retail and Wholesale Audit Data Include All

question 55

Multiple Choice

The uses of retail and wholesale audit data include all of the following except ________.

• A)identifying shelf space allocation and inventory problems
• B)establishing profiles of specific user groups
• C)developing sales potentials and forecasts
• D)analyzing distribution problems

---

Definitions:

Profit Center

A part of an organization that is directly responsible for generating its own revenue and profits.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, used in operating a business and not expected to be converted to cash in the current or next fiscal year.

Yearly Income

The total amount of income generated by a person or entity in one fiscal year.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from an investment by the original capital cost.