Which One of the Following Would Cause a Decrease in the Cost

question 101

Multiple Choice

Which one of the following would cause a decrease in the cost ratio as used in the retail inventory method?

• A) Higher retail prices
• B) Lower net markups
• C) More employee discounts given
• D) Higher freight-in charges

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Definitions:

Observable Culture

Observable culture refers to the visible and tangible aspects of an organization's culture, such as rituals, symbols, behaviors, and physical settings.

Symbolic Leadership

Leadership that focuses on influencing others through the strategic use of symbols, rituals, and ceremonies to communicate and reinforce organizational values and culture.

Lavish Awards

Lavish awards are highly extravagant or generous prizes or recognitions given in acknowledgment of someone's work or achievements.

Gala Events

Lavish and often public social events or celebrations, typically characterized by entertainment, ceremonies, or performances.