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DECA Practice Test

Retail Merchandising

Practice Test
      
  1.When stores participate in group buying they  
  a.   all shop at the same buying office  
  b.   buy from the same group of manufacturers  
  c.   pool their resources in order to qualify for volume discounts from manufacturers  
  d.   pool their resources to purchase a full line of merchandise  
      
  2.An office located in a central merchandising area where buyers can receive information about new products is known as a  
  a.   cooperative  
  b.   resident buying office  
  c.   manufacturer’s representative  
  d.   buying office  
      
  3.Clothing, curtains, and bedding are all examples of  
  a.   durable goods  
  b.   textile merchandise  
  c.   convenience items  
  d.   shopping items  
      
  4.At the Lancome counter in Macy’s department store, the beauty products are stored in cabinets and drawers behind the counter. This stock is referred to as  
  a.   forward reserve stock  
  b.   forward stock  
  c.   reserve stock  
  d.   under-the-counter stock  
      
  5.A product that rose to popularity, but is going out of fashion is at the end of the  
  a.   life cycle  
  b.   product/service mix  
  c.   fashion cycle  
  d.   patronage cycle  
      
  6.Many stores attach small devices to goods that will set off an alarm if they leave the store. These devices are known as  
  a.   shoplifting detection wafers  
  b.   thief catchers  
  c.   bait wafers  
  d.   ringseal tickets  
      
  7.Women’s rings are often marked with price tags known as  
  a.   ringseal tickets  
  b.   pin tickets  
  c.   gummed tickets  
  d.   button tickets  
      
  8.FIFO stands for  
  a.   fall in/fall out; a description of the fashion cycle  
  b.   first in-first out; a stock rotation system  
  c.   fly in-fly out; a description of fads  
  d.   first in-first owner; a stock ownership system  
      
  9.A retail store that advertises low prices and offers few or no services, and at which any member of the public can shop can be categorized as a  
  a.   variety store  
  b.   specialty store  
  c.   discount store  
  d.   warehouse store  
      
  10.After a driver makes a delivery of merchandise to a store, he leaves a  
  a.   bill of lading  
  b.   delivery receipt  
  c.   tracking memo  
  d.   UVM  

 

 
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