Loss Prevention Terms
Quiz by Bernice W. Broussard
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- Q1
Closed-circuit cameras are placed in locations throughout many retail stores to allow security personnel or managers to watch several areas of the building, both on the sales floor and in other locations at the same time from a private office
truefalseTrue or False30s - Q2
The CRAVED model is the branch of retail in charge of implementing action plans to reduce waste, breakage or theft and increase safety
falsetrueTrue or False30s - Q3
Preventable loss is a cost caused by either deliberate or unintentional human actions. Commonly referred to as shrinkage or shrink.
truefalseTrue or False30s - Q4
Operational errors are the result of paperwork, system, administrative, clerical or other inadvertent mistakes
truefalseTrue or False30s - Q5
Electronic ink tags are devices are embedded in tags that are attached or sewn in or inserted into packaging by the manufacturer or store employee.
truefalseTrue or False30s - Q6
the act of a supplier or service provider deliberately acting to deceive a client for financial gain.
occupational fraud
management fraud
vendor fraud
employee fraud
30s - Q7
People who frequently come into the store but never buy anything
loyalty fraud
refund fraud
loyalty customers
repeat noncustomers
30s - Q8
the action of taking an item from a store without paying for it
loitering
shoplifting
vendor fraud
fraud
30s - Q9
Main rule to follow during an armed robbery
Tell them you're ill
Fight the robber off
Run
Give them what they want
30s