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C.J. Chapter 6 P.S.
flash cards
Question | Answer |
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Cash Office Audit | A coutning of money earned during the operating hours a retail location that is compared to the record of goods sold to determine any shortages or discrepancies. |
Crothching | A shoplifting technique that involves a woman rolling retail items into a ball and quickly placing it between her legs while wearing a dress. |
Electronic Article Surveillance (EAS) | A tagging system on retail articles used by stores to deter shoplifting. |
Electronic Journals | Electronic computerized record keeping system that records the transactions that take place at a retail location. |
Floor Walker | An individual who serves as a deterrent by walking around the retail location. |
Loss Prevention Agent | The current title for private security personnel who work in the U.S. retail industry. |
Shield Technique | A shoplifting technique that involves a person who blocks the view of a shoplifter from cameras or security personell. |
Shrinkage | The lost profits or merchandise as a result of employee theft, shoplifting, vender fraud, administrative errors, bad checks and credit cards, fraud, and vandilism. |
Retail | The sale of physical goods or merchandise from a fixed location. |
Repossessors | Individuals who take merchandise back because of failure of payment |
Reports | Give a spoken or written account of something that one has observed, heard, done, or investigated |
Inspection | a formal or official examination |
Serial Numbers | a unique number assigned for identification purposes by the manufacturer |