Approximately 6% of the Average Price Tag in a Small

question 122

True/False

Approximately 6% of the average price tag in a small business is there due to shoplifting losses.

---

Definitions:

Maintenance

Activities and practices aimed at keeping equipment, systems, and facilities in optimal working condition, as well as preserving the well-being and performance of employees.

Pre-Tax Income

The amount of income earned by a business or individual before any taxes have been deducted.

Publicly Traded

Refers to a company whose shares are available for purchase by the public on stock exchanges.

Tax Burden

The total amount of taxes paid by an individual or business, expressed as a percentage of income.