A retail audit should be conducted with what minimum time frequency?
A)every 5 years
B)every 3 years
C)yearly
D)semiannually

Question

Quizplus · Accepted Answer

A retail audit should be conducted at least once a year to ensure that the retail operation is meeting its objectives and goals. Conducting audits on a more frequent basis may be necessary in some situations, but yearly audits provide a good benchmark for performance measurement and goal-setting. Less frequent audits, such as every 3-5 years, may not provide the necessary information to make timely business decisions or address potential problems.

A Retail Audit Should Be Conducted with What Minimum Time