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

---

Definitions:

Affirmative Action

Policies or measures that actively promote the employment, education, or other opportunities for members of groups that have historically been discriminated against.

Desegregation

The process of eliminating segregation, integrating previously separated racial or ethnic groups within schools, workplaces, or public facilities.

Norm Group

A reference group used in psychological testing or research to standardize scores and compare individual test results.

Norm-Referenced Tests

Norm-referenced tests are assessments designed to compare the performance of a test-taker to a group of peers, highlighting where an individual stands in relation to others.