Inventory Management Quiz

Inventory Management Quiz

10th Grade

16 Qs

quiz-placeholder

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Inventory Management Quiz

Inventory Management Quiz

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

Adam Rider

Used 3+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a "Point-of-Sale (POS) System" include?

Barcode scanners, registers, and card readers.

Only barcode scanners.

Only registers.

Only card readers.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What activity occurs when associates help customers shop inventory?

Personalized customer service

Inventory tagging

Inventory shipment

Inventory pricing

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can disrupt the store inventory life cycle when inventory arrives at the store?

Inventory arrives in perfect condition

Inventory arrives broken or damaged

Inventory arrives with extra items

Inventory arrives early

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do most retailers have in place to maintain inventory data integrity?

No processes

Inventory Management Systems

Random checks

Customer surveys

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is handling merchandise returns important?

It increases the number of sales

It ensures correct accounting for all product returns and exchanges

It reduces the need for customer service

It allows for more advertising opportunities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of an item tracked in a perpetual inventory system?

Blue beach towels

Red beach balls

Green umbrellas

All Items

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is compared in a periodic inventory system?

The total value of inventory and sales

The total value of inventory and purchases

The total value of inventory and the inventory value from the beginning of the period

Total cost of inventory

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