While a large percentage of the losses from retail shrinkage come from shoplifting,an almost equal amount is due to
A)employee theft.
B)insurance fraud.
C)deceptive advertising.
D)personnel training.
E)unredeemed rebates.

Question

Quizplus · Accepted Answer

Shrinkage is the breakage,theft,and fraud by customers and employees.The National Retail Federation estimates that the average retailer loses 1.4 percent of sales to shrinkage each year.While shoplifting accounts for 39 percent of the losses,about 35 percent of retail shrinkage is due to employee theft.

While a Large Percentage of the Losses from Retail Shrinkage