When Employees Use a Cash Register, How Should Each Register

question 26

Multiple Choice

When employees use a cash register, how should each register drawer be maintained?

• A) All employees on a shift should work from one register to alleviate multiple reconciliations at the end of the day.
• B) Only one employee should work at a specific register and have authority to void sales as they need to for greater customer satisfaction.
• C) Only one employee should work at a specific register and have the ability to open the register without a sale to facilitate making change for customers.
• D) Only one employee should work at a specific register and they should never have authority for special functions on a register.

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Definitions:

Industrial Unions

Labor unions that organize workers across a wide range of occupations within a single industry.

Monopsonist

A monopsonist is a market condition where there is only one buyer facing many sellers, allowing the buyer to exert significant control over prices.

Monopsonistic Employer

An employer who has significant control over the labor market and is the only or dominant buyer of labor, allowing them to influence wages and employment conditions.

MRP

The marginal revenue product, representing the additional revenue generated from employing one more unit of a factor, such as labor or capital.