According the national retail federation and center for


According the National Retail Federation and Center for Retailing Education at the University of Florida, the four main sources of inventory shrinkage are employee theft, shoplifting, administrative error, and vendor fraud. The estimated annual dollar amount in shrinkage ($millions) associated with each of these sources follows. What percent of shrinkage is due the administrative error?

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Financial Management: According the national retail federation and center for
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