| A | B |
|---|
| are faster and more accurate inventory stystems | computer-based systems |
| These items can be marked by the preretailing marking method | staple items |
| monitors inventory levels, indicates sales rates, and is easy to use | perpetual inventory system |
| systems that can be used together to calculate the value of their year-end inventory | both perpetual and physical inventory systems |
| replace the need for marking merchandise with an electric or manual pricing machine | UPC Codes |
| method should be used to ensure quick and accurate merchandise checking | blind check method |
| to transact purchase orders between businesses | purpose of electronic data interchange |
| difference between recorded sales and inventory based on a physical count | stock shortage |
| susceptible to errors if receivers do not physically count the total number of items in a shipment | direct check |
| many stores use to mark the price on items with hard, flat surfaces | gum label |
| items that are frequently reordered or needed by a store would be listed on this list | basic |
| receiving goods, checking them, and marking them, and sometimes delivering them | steps to stock-handling |
| EDI is an example of this type of inventory system | perpetual |
| moving merchandise is also known as | stock tranfer |
| the process of buying and storing merchandise while controlling the costs related to ordering, shipping, handling, and storage | inventory management |
| party reponsible for counting stock when using a physical inventory system | employees |
| the covered area where carriers unload deliveries | dock |
| number of times inventory is sold and replaced in a given period | inventory turnover |
| a form attached to an invoice that moves with the goods received | apron |
| planning and monitoring the total inventory investment | dollar control |
| a method for checking merchandise received against a purchase order or invoice | blind check |
| quantities of stock that a business handles in a certain time period | unit control |
| loss of inventory due to theft or error | stock shortage |
| information regarding goods received by a business | receiving record |
| notification a buyer receives after returning merchandise | credit memorandum |
| all merchandise available for sale | inventory |
| allows merchandise to move directly from receiving to the sales floor | source marking |
