Retail Industry Internal Revenue Service. Account Openers Premiums or special promotional items offered to encourage the opening of new charge accounts. Advance Bill A bill presented to a purchaser before goods are actually received or service performed. May be requested by purchaser in order to include a payment within a certain accounting period. Advance Order An order placed well in advance of the desired shipment date. This practice generally enables a buyer to obtain a lower price for the goods since he has given the manufacturer business during slack periods. Advertising Allowance A monetary commitment made by a vendor to a retailer to share the advertising costs of a specified product, brand, or line. A distinct advantage of a payroll system is that it allows the employer to process its payroll and comply with payroll tax and recordkeeping laws. The payroll system. Automation is a part, but Manual is Heart of testing What is software testing Software Testing is the process of executing a program or system with the intent of. Welcome to acquisition. Web Creation Software. FAN In A Minute. This is Episode Five. The allowance is generally a percentage of the retailers purchases from the vendor and covers a percentage of the retailers advertising cost. Air Curtain A stream of air used in food retailing establishments as a barrier to prevent the loss of heat of cold to the surrounding air. Used over some refrigerated or freezer cases as well as between some back rooms, etc. Allowance from Vendor See Returns and Allowances to Suppliers. Allowance to Customers See Returns and Allowances to Customers. Assistant Buyer A buyer in training position involving exposure to all phases of the buyers responsibilities, including the department budget, selecting and promoting merchandise, analyzing stock and sales reports, supervising sales and stock employees, summarizing information for the buyer. Automatic Markdown Plan Price reductions contingent upon the length of time merchandise has remained in stock. Automatic Reorder A system whereby supplies of staple merchandise are monitored and when they have been reduced to a predetermined minimum a reorder procedure is activated. Backdoor Selling Practice by a wholesaler of selling to consumers while representing himself as a supplier to retailers only. Bailment Lease A retail installment contract in which the merchandise is technically rented to the buyer and the rent is paid in installments. Whenever a predetermined number of rental payments has been made, title is given to the buyer on the payment of a nominal fee. Balanced Stock An assortment of merchandise with sufficient breadth and depth to meet demand of target customers while maintaining a reasonable investment in inventory. Also called model stock or ideal stock. Bangtail The perforated flap on an envelope which, when detached, serves as an order blank. Often included by stores when they mail monthly statement and accompanying inserts. Bar Code A configuration of alternating dark bars and light spaces, usually vertically arranged. Information is encoded into these bars and spaces by varying their individual widths. Use of a bar code system requires an optical code reader, bar coded labels, and a computer. This standards manual describes the TWC Rehabilitation Services Divisions requirements and standards that consumer services contract providers must meet. Chapter 2. Chapter 26 Workers Compensation Systems, Topics In WORKRELATED DISEASES AND OCCUPATIONAL DISEASES THE ILO INTERNATIONAL LIST. Michel Lesage. Introduction. This is part 3 of the IdM SQL Basics blog posts. This is a work in progress no longer in progress and currently only the MicroSoft SQL Server. Advantages Disadvantages Manual Payroll System' title='Advantages Disadvantages Manual Payroll System' />See also Universal Product Code UPC. Bartering The trading of goods or services without the use of money. Dubstep Loops And Samples For Garageband Mac. Questions for SAP FICO Certification FICO and general knowledge only About evolution in the world of business, we can affirmate that Please choose the correct. Resonant Frequency Critical Speed The vibration that occurs in a pumping system due to resonance is not a good thing. Resonance arrises. The Massachusetts Food Processors Resource Manual is a practical guide for specialty food and startup food processors published by the Massachusetts Department of. Bill of Lading A document issued by a carrier acknowledging receipt of a shipment. Bill indicates name of consignor and consignee, describes merchandise, and states shipping charges. In air shipping referred to as an airway bill. Both constitute contracts between shipper and carrier. Book Inventory A perpetual system of inventory maintained by adding the value of incoming goods to the value of previous inventory and then subtracting the value of sales, markdowns, and discounts. Brick Mortar A business establishment with an actual physical facility, generally with walk in customers and inventory, as distinct from providing remote online services. Broker A non merchant middleman or marketing intermediary who brings buyers and sellers of a product together. Generally a broker does not take title to merchandise nor does he have physical possession of the goods. Most commonly operates in the grocery business. See also Commission Buying Office and Commission House. Bulk Marking Price is marked on large lots in original shipping containers. Individual pieces are marked with retail price at a later time. Business Cycle In retail trade, from February 1 though January 3. Buyer A line merchandising executive responsible for selecting and purchasing merchandise and for selling it at a profit. Among the buyers duties are the supervision of the assistant buyers and salespeople, planning advertising and displays, stock control and pricing, and budgeting. Buyers Black Book The retail buyers unit control book. Photoshop Edge F.X 2.3. Buyers Order The order blank or form used by a retail buyer to purchase merchandise from a vendor. Buying Calendar A retailers buyers plan of merchandising activities for a period often six months which includes special promotions and other seasonal events. Buying Office The buying office is made up of buyers in national or international market centers who daily shop the market in order to provide their clients or member stores with information and to select and buy merchandise for them. Buying offices are either independent salaried office or commission buying office or store owned private office, cooperative office, and corporate office. Buying with Return Privileges Merchandise is purchased from a vendor with the understanding that certain things may be returned for credit if they remain unsold. Capital Budget A plan for proposed expenditures for acquiring long term assets and the means of financing these acquisitions. Lists future investment projects and includes a justification for each. Car Card An advertisement appearing as a card or poster in a vehicle of public conveyance such as a bus, subway or train. Carry Over Merchandise Unsold goods remaining from a previous selling season which are held for future sale. Cash Discount A reduction in sales or purchase price, allowed by a vendor, for payment before the due date of the bill. It is generally expressed as a percentage of the billed price. For example, a cash discount of 21. Cash Receipts Report A form used by salespeople to record money received from cash sales of merchandise at the close of each business day. Catalog A book or pamphlet listing merchandise for sale, usually with descriptive comments and illustrations. Central Buying The concentration of the authority and responsibility for merchandise selection and purchase for a chain of stores or the branch stores of a department store in the hands of the headquarters staff rather than in the individual units. The central buying function is generally located in the flagship store or the central market. Cents Off Coupon A certificate entitling the customer to a reduced purchase price for the item being promoted. The product and the amount of the cash saving are specified in the certificate which is generally redeemable at the point of purchase. See also coupon. Certification of Origin A document attesting to the point of origin of a shipment. Certification Mark A label, seal or tag placed upon a product testifying to its quality, worth or origin. Charge Back A retailers invoice for claims against a vendor resulting from such items as damaged merchandise, cooperative advertising costs, adjustments, and the recovery of transportation charges for improperly routed merchandise. Circular Advertising literature in the form of printed booklets, often included with newspapers or delivered door to door. Claim A transportation term referring to charges for damages incurred while goods were in the possession of the carrier. A retailers claims against a vendor. See Charge Back. Questions for SAP FICO Certification. Choose the correct option           a       8.