When Girl Scouts Sell Cookies at Shop Rite,they Are Given

question 152

Multiple Choice

When Girl Scouts sell cookies at Shop Rite,they are given a place to stand.When they sell at Wal-Mart the company eventually donates to their troop.Target does not allow any Girl Scout to sell cookies in front of stores.Wal-Mart is an example of the ____ stance.

• A) reactive
• B) obstructionist
• C) proactive
• D) accommodative
• E) defensive

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Definitions:

Purchases Returns and Allowances

From the buyer’s perspective, returned merchandise or an adjustment for defective merchandise.

Periodic Inventory System

An inventory accounting system where updates are made on a periodic basis rather than continuously.

Condensed Income Statements

Simplified financial statements that present a summary of a company's revenue, expenses, and profitability over a particular period.

Merchandising Companies

Companies that purchase goods in a finished condition and resell them at a profit without further processing.