Question

question 1
__________ describes the loss of inventory or revenue due to various factors such as internal theft.
external losses
inventory
internal losses
shrink and shortage

Explanation:

Shrinkage in business refers to the loss of inventory or revenue from factors like internal theft, damage, or administrative errors. External losses involve factors outside the business, inventory is the stock - in - hand, and internal losses is a more general term but shrink and shortage specifically describe this type of loss.

Answer:

D. Shrink and Shortage