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> pricing it at $0.99 meant they’d have to open the register to give change, reducing the risk How does opening register reduce risk?
by chrisjj 2y ago
> pricing it at $0.99 meant they’d have to open the register to give change, reducing the risk
How does opening register reduce risk?
- tyingq 2y agoI think it's more like "have to record the sale and produce a receipt". The customer wants their penny, so you have to ring it up. Now if you steal a dollar, your totals at the end of the day are off a dollar. But, if you take the dollar with no recorded sale, your counts are good.
- gruez 2y agoBut OP's comment also says >Back then, most registers didn’t print receipts.
- tyingq 2y agoRegisters that keep track of how much should be in the till, based on the day's sales, those have been around quite a long time. NCR got big enough in 1912 that they had antitrust trouble. Their big selling feature was tracking the till. https://www.asc.ohio-state.edu/economics/pdf/marvel/ncr.pdf https://www.asc.ohio-state.edu/economics/pdf/marvel/ncr.pdf