Retail merchandising exam - Study guides, Class notes & Summaries

DECA Buying and Merchandising Exam - Q & A Floor Ready Merchandise Negotiated agreement to packaging, folding, hanging, ticketing, merchandise, so that it is ready for the selling floor Control Measuring actual performance against goals and reacting to any deviations Anticipation Additional discount for paying invoice prior to cash discount period Initial Markup Markup added to the cost to establish the first retail price Cumulative Discount Discount that applies to orders placed over a period...

WGU D196 Exam Questions and Answers | Latest Update Graded A+ 2023/2024. For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? Distributing dividends Paying employees Buying equipment 7 / 11 Selling bonds ANS Paying employees 16. How does a classified balance sheet provide useful information to a decision maker? It distinguishes between current and long-term assets. It provides data that are not publicly disclosed. It provides da...

WGU D196 Exam Questions and Answers | Latest Update Graded A+ 2023/2024. For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? Distributing dividends Paying employees Buying equipment 7 / 11 Selling bonds ANS Paying employees 16. How does a classified balance sheet provide useful information to a decision maker? It distinguishes between current and long-term assets. It provides data that are not publicly disclosed. It provides da...

1- Category management CPCA Practice Exam Questions With 100% Correct Answers What are 3 business measures to be attached to any data source? - answerProduct, geography, time period. All data should be cited. Where should destination categories be placed in store and why? - answerWhere the retailer wants shoppers to go. Force them to pass buy impulse categories on the way, helping to drive higher margin impulse buys. A high % of retailer resources are allocated to categories with this ro...

AAMI Accounting 2 Final Exam Prediction 2024. The concept that prices rise over time - ANSWER Inflation Another term for sales - ANSWER Revenue Sales - Cost of Goods Sold - ANSWER Gross Profit In an inflationary period what method of inventory valuation would lower profits - ANSWER LIFO In an inflationary period what method of inventory valuation would increase profits - ANSWER FIFO In a deflationary period what method of inventory valuation would lower profits - ANSWER FIFO I...

CPCA Practice Exam Questions With 100% Correct Answers all of the above (panel data) - answerwhich of the following measures in panel data affect sales volume for a category? # of buyers and $/purchase HH penetration and volume per buyer HH penetration and buying rate All of these answers are correct warehouse shipment data - answerWhich of the following data sources is the least useful when completing product assortment analysis? To identify the total value of all items included in th...

CMA Certification - CPCA EXAM Questions With Complete Solutions Which of the following statements describes a product that is incremental? - answerA product that adds variety of choice relative to other existing products Basic Industry Knowledge - answer which of the following is not a specific trend in category management - answerindustry consolidation what is in store merchandising materials used to catch shoppers attention - answerPOP When looking at channel dynamics which one of thes...

PGA 3.0 EXAM 2023 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) How does the facility’s overall vision and core value help the retail manager? - ANSWER- "In practice, the retail operation must have a clear understanding of its constituents and market in order to establish a solid vision and set of values. The overall facility profile can help solidify the retail operation's vision and establish core values that support the vision. Once completed, th...

CMA Certification - CPCA EXAM Questions With Complete Solutions Which of the following statements describes a product that is incremental? - answerA product that adds variety of choice relative to other existing products Basic Industry Knowledge - answer which of the following is not a specific trend in category management - answerindustry consolidation what is in store merchandising materials used to catch shoppers attention - answerPOP When looking at channel dynamics which one of thes...

CMA Certification - CPCA EXAM Questions With Complete Solutions Which of the following statements describes a product that is incremental? - answerA product that adds variety of choice relative to other existing products Basic Industry Knowledge - answer which of the following is not a specific trend in category management - answerindustry consolidation what is in store merchandising materials used to catch shoppers attention - answerPOP When looking at channel dynamics which one of thes...