In a retail environment, ________ is defined as the reduction in inventory not accounted for through sales or other legitimate activity.

Name: In a retail environment, ________ is defined as the reduction in inventory not accounted for through sales or other legitimate activity.
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Question

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Shrinkage in a retail environment refers to the reduction in inventory that cannot be accounted for by sales or other legitimate activities. This includes losses due to theft, damage, and errors in inventory management.

In a Retail Environment, ________ Is Defined as the Reduction