RISE Up Retail Industry Fundamentals Sample Test Questions

Front

Which item is considered a retail product? Options: Air conditioner repair, New air conditioner, Air conditioner delivery, Extended warranty on the air conditioner

Back

New air conditioner

Front

The period key term in retail for a period of time that an item remains usable, or fit for consumption is called:

Back

Shelf life

Front

A large facility that manufacturers send large quantities of product to then be distributed to stores is called:

Back

Distribution Center

Front

When distribution team members use replenishment reports to retrieve quantities of items to be sent to stores they are:

Back

Picking

Front

Who is responsible for making sure the safety exits aren't blocked and are free to be used in an emergency?

Back

Retail employee

Front

A customer makes a purchase and their transaction total is $21.47. The customer pays with $50.00 in cash. How much change should they receive?

Back

$28.53

Front

What organization oversees and controls workplace safety regulations?

Back

OSHA

Front

What does the "R" in SMART Goal Setting stand for? Options: Retail-Oriented, Results-Oriented, Restart, Routine

Back

Results-Oriented

Front

Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses? Options: Marketing, Information Technology (IT), Warehouse Management, Finance

Back

Finance

Front

Where are you most likely to find your company's policies and procedures? Options: On the company website, In the breakroom, In an employee handbook, In your manager's office

Back

In an employee handbook