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Assignment 4, Continued - 14237_302
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Assignment 4, Continued - 14237_304
4-35. 4-36. 4-37. 4-38. 4-39. 4-40. What  primary  factor  do  you  need  to consider  in  determining  whether  You should  prepare  a  breakout  or  an  issue for  use  document? 1. The purpose of the transfer 2. The  transferring  activity 3. The  activity  from  which  the  material was originally received 4. The cost of the item Which of the following issues for use is chargeable to the ship’s OPTAR rather than  your  ship’s  store  profits? 1. Decorator  kit  to  the  ship’s  store 2. Repair  pert  to  a  vending  machine 3. Clothing  to  the  repair  division 4. soap  to  the  laundry To  which  of  the  following  appropriations should  surveys  for  ship’s  store  stock  be charged? 1. Navy  Stock  Fund 2. Ship’s  Store  Profits,  Navy  (General Fund ) 3. Ship’s  Store  Profits,  Navy  (own ship’s) 4. All of the above Which  of  the  following  damages  will  NOT be  covered  by  the  Navy  Stock  Fund  (NSF)? 1. Fire in the storeroom resulting from bad  wiring 2. Flood  of  water  in  the  storeroom 3. Merchandise  damaged  from  negligence  on part  of  ship’s  store  personnel 4. Merchandise  damaged  as  a  result  of ship’s  repairs Which  of  the  following  commands maintain(s)  the  Ship’s  Store  Profits, Navy  (General  Fund)? 1. NAVSUP 2. NAVRESSO 3. NAVSEA 4. All of the above For  surveyed  material  subsequently received, the  recordskeeper  posts  a  red ink  entry  in  which  of  the  following records? 1. Applicable  stock  records 2. Journal  of  Expenditures 3. Roth 1 and 2 above 4. Journal  of  Receipts 4-41. Which  of  the  following  items  of  stock must  always  be  revalued  by  survey? 1. Tax-Free   cigarettes 2. Foreign   merchandise 3. Navy  clothing 4. Special  order  items 4-42. When  an  item  of  Navy  clothing  is  revalued from the standard price of $10, at what price  should  it  be  listed  for  resale  in the store? 1. $7.00 2. $2.50 3. $5.00 4. $4.50 4-43. As  the  leading  Ship’s  Serviceman,  which of  the  following  concerns  should  you  have regarding  price  changes? 1. The  authority  to  supervise  the procedures  involved  in  accomplishing a change 2. An awareness of the reasons for and causes  of  price  changes 3. The  authority  to  advise  the  ship’s store  officer  when  a  price  change  is needed 4. The  authority  to  exercise  all  of  the concerns  above 4-44. All  gains  and  lessee  resulting  from voluntary  price  changes  are  credited  or charged  to  which  of  the  Following  funds, appropriations,   or   accounts? 1. Ship’s  Store  Profits,  Navy 2. Operating  funds  for  the  ship 3. Navy  Stock  Fund 4. Profits  of  the  ship’s  store 4-45. A  reasonable  number  of  markdowns  during  an accounting  period  is  a  good  indication that  you  are  accomplishing  which  of  the following  goals? 1. Operating  a  clean  ship’s  store 2. Maintaining  adequate  financial records 3. Using  good  buying  practices 4. Exercising  some  degree  of  stock control 4-46. At  which  of  the  following  times  should you  mark  down  seasonal  items? 1. At  the  beginning  of  the  season 2. Just prior to the end of the season 3. At the end of the season 4, At any of the above times 27

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