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Assignment 4, Continued - 14237_303
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Assignment 4, Continued - 14237_305
4-47. Which  of  the  practices  below  represents the  best  guideline  you  can  follow  for making   markdowns? 1. Mark down items progressively 2. Mark  down  items  sufficiently  to sell  them 3. Mark  down  items  to  cost  and  when sales  increase,  make  a  markon 4. Mark  down  all  items  to  cost  which are  left  over  after  each  accounting period 4-48. Which  of  the  following  situations represents  the  most  common  involuntary price  change? 1. Perishable  stock,  such  as  candy  or film,  reduced  to  cost  because  it  is old 2. Standard  price  adjustment  for  Navy clothing 3. Defective or dirty merchandise which cannot  be  returned  to  the  vendor marked down to 50% of cost 4. A  purchase  variance 4-49. Claims for property lost, destroyed, or damaged to a service member in the U.S. Navy  should  be  charged  to  the  ship’s store  profits. 1. True 2. False 4-50. After  what  total  number  of  days  are perishable  and  catalog excess  stock? 1. Excess  of  180  days 2. Excess  of  240  days 3. Excess  of  30  days 4. Excess of 90 days items  considered 4-51. Excess  stock  can  be  expended  in  which of  the  following  ways? 1. Transfers  to  other  supply  officers 2. Reductions  in  price  for  sale  on  board 3. Returns  to  vendor  for  cash,  credit, exchange 4. All of the above PERIODICALLY,  YOU  SHOULD  AUDIT  EXPENDITURE DOCUMENTS  TO  MAKE  CERTAIN  YOUR  SHIP’S  STOCK RETURNS CAN BE COMPLETED ACCURATELY. IN ANSWERING  QUESTIONS  4-52  THROUGH  4-55,  SELECT FROM  COLUMN  B  THE  DOCUMENTATION  YOU  SHOULD  AUDIT FOR THE TYPE OF EXPENDITIURE LISTED IN COLUMN A AS THE QUESTION. A. TYPE OF EXPENDITURE B. DOCUMENTATION 4-52. Transfer 1. DD Form 200 4-53. Issue 2. NAVSUP  Form 973 4-54. Price  change 3. NAVSUP  Form 983 4-55. Survey 4. DD Form 1149 Learning  Objective: Identify the role of the  senior  Ship’s  Serviceman  as  a supervisor  as  this  role  relates  to  the ship’s  store  operations  and  customer service. 4-56. As  a  senior  ship’s  Servicemen,  you  will find  that  your  principal  function  in  the retail  operation  will  be  as  a  supervisor of  various  activities. 1. True 2. False 4-57. As a supervisor of the retail store operations,  you  will  be  responsible  for all  of  the  following  duties  EXCEPT  which one? 1. Helping  to  select  an  effective  store operator 2. Improving  customer  service 3. Training  the  store  operator 4. Serving  as  the  sales  officer 4-58. Based  upon  fleet  experience,  the  beet policy you can follow is to ensure that the operator of a retail activity is rotated  at  least  how  often? 1. Every  12  months 2. Every  2  accounting  periods 3. Every  3  months 4. Every  4  accounting  periods 28

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