Calculate the Cost of Goods Sold for a Merchandiser Using

question 196

Multiple Choice

Calculate the cost of goods sold for a merchandiser using the periodic inventory system from the following details. $$\begin{array} { | l | r | } \hline \text { Purchases } & \$ 540,000 \\\hline \text { Beginning Merchandise Inventory } & 185,000 \\\hline \text { Purchase Returns and Allowances } & 50,000 \\\hline \text { Purchase Discounts } & 14,000 \\\hline \text { Freight In } & 18,000 \\\hline \text { Ending Merchandise Inventory } & 150,000 \\\hline\end{array}$$

• A) $540,000
• B) $529,000
• C) $547,000
• D) $829,000

Recognize the importance of fair and accurate performance evaluation for human resource management functions.

Understand the theoretical approaches to align organizational and individual goals.

Comprehend the design factors of performance appraisal processes.

Identify different methods and their purposes in performance evaluation.

---

Definitions:

Cognitive Task Analysis

A method used to break down and examine the mental processes involved in task performance, aiming to understand and improve it.

Interviews And Surveys

Methods of collecting qualitative and quantitative data by asking individuals questions either in-person, over the phone, or through written questionnaires.

Needs Analysis

A process used to identify gaps between current capabilities and desired outcomes, often used in business and educational contexts to guide training and development initiatives.

Training And Development Process

A systematic approach that involves assessing training needs, designing and delivering training programs, and evaluating their effectiveness, aimed at enhancing the capabilities of individuals or teams.