CRA Study Guide 2026
Everything you need to pass the CRA exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.
📋 CRA Exam Format at a Glance
📚 CRA Topics to Study (57)
✍️ Sample CRA Questions & Answers
1. Dynamic pricing allows retailers to adjust prices in real time based on which of the following factors?
Dynamic pricing algorithms respond to real-time signals — demand, competition, and stock levels — to maximize revenue per unit.
2. Which supply chain document formally authorizes a supplier to begin production or ship goods, and is legally binding upon acceptance?
A purchase order is the retailer's legal offer to buy specific goods at agreed terms; once accepted by the supplier it forms a binding contract.
3. A retailer is standardizing its inventory counting procedures. What is the best practice for conducting a physical inventory count?
Freezing transactions, counting by location, and reconciling to system records ensures accuracy and allows meaningful identification of variances.
4. A retail store's business continuity plan (BCP) should be tested at a minimum of which frequency according to best practices?
Annual testing ensures the BCP remains relevant and that staff are familiar with procedures, with reviews triggered by major operational changes.
5. A retail analyst reviewing incident logs notices a spike in 'near-miss' reports following a new store layout implementation. What does this pattern most likely indicate?
A spike in near-misses following a physical change is a leading indicator that the new layout created new hazards requiring safety reassessment.
6. In Retail Link, what does a '0% In-Stock' reading on a store-item combination most likely indicate?
A 0% In-Stock reading means the item recorded zero on-hand units throughout the entire measurement period, signifying a stockout.