Michelle works at McDonalds and is responsible for offloading the delivery truck every Sunday morning, before other staff and customers enter the store. When she is offloading the frozen packets of grilled chicken, she slips one into the trunk of her car. McDonalds refers to this loss as:
A)shrinkage.
B)an opportunity loss.
C)UIL (unexplained inventory loss).
D)an opportunity cost.

Question

Quizplus · Accepted Answer

Shrinkage refers to the loss of inventory due to theft, damage, or errors, and slipping a packet of chicken into her car without paying for it is considered theft and contributes to the store's shrinkage.

Michelle Works at McDonalds and Is Responsible for Offloading the Delivery