Markdowns,employee discounts,and stock shortages are examples of _____.

Name: Markdowns,employee discounts,and stock shortages are examples of _____.
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Question

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Markdowns and employee discounts both result in a deduction from the retail value of a product, while stock shortages can result in a loss of inventory value. LIFO accounting entries and the cost method of accounting are not directly related to these examples. Pilferage refers to theft, which is not necessarily related to these examples.

Markdowns,employee Discounts,and Stock Shortages Are Examples of _____