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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
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