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Shrinkage & Loss Prevention — Assessment

5 questions · 75% to pass · graded instantly. Pass and your certificate is issued automatically.

1. What is shrinkage?
2. Which is NOT a typical cause of shrinkage?
3. A branch sells KES 4,000,000 and loses KES 100,000. What is the shrinkage rate?
4. Why measure shrinkage as a rate?
5. What do frequent cycle counts do for shrinkage?

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