Assigning and maintaining accurate and representative commodity codes for indirect goods and services across an enterprise is relatively easy

Under the conventional retail inventory method the cost-to-retail ratio includes the retail price of goods available and:

a) markups only b) markups and markdowns c) net markups only d) net markdowns only

The term fiduciary refers to the:

a. sale of real property b. person who gives someone else the legal power to act on his or her behalf c. person who has legal power to act on behalf of another