Which of the Following Is NOT an Acceptable Task for a Retail

question 185

Multiple Choice

Which of the following is NOT an acceptable task for a retail store manager?

• A) making the cash deposit at the bank
• B) proving the cash by comparing the cash in the drawer against the point-of-sale terminal's record of cash sales
• C) using the point-of-sale terminal's tape to record the journal entry for sales revenue
• D) overseeing the work of the sales clerks

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Definitions:

Operating Assets

Assets utilized in the day-to-day operations of a business to generate revenue.

Return on Investment

A metric used to assess the profitability of an investment, calculated as the net profit of the investment divided by its cost.

Operating Assets

Resources owned by a business that are used in its day-to-day operations to generate revenue and are expected to provide benefits in the future.

Controllable Margin

A measure of profitability that represents the amount of revenue left after deducting all controllable expenses.