LPF LPC Practice Questions - Loss Prevention Foundation LPCertified (LPC) Exam

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A regional LP director must align a three-year shrink-reduction roadmap with the CFO's gross-margin recovery targets. Which step BEST establishes credibility before the executive team approves capital spend?

Submit a line-item budget mirroring last year's spend with a 5% inflation increase Build a business case translating shrink reduction into incremental gross-margin dollars and NPV Send each store director a memo demanding stricter exit-door checks Defer the request until the company-wide strategic plan is published

Correct Answer:

Build a business case translating shrink reduction into incremental gross-margin dollars and NPV

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