Microsoft Excel Is Superior to Microsoft Access for Tracking Orders

question 55

True/False

Microsoft Excel is superior to Microsoft Access for tracking orders, inventory, equipment, and people.

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Definitions:

Catalog Price

The price of an item as listed in a catalog, which may be subject to discounts based on various sales promotion strategies.

Perpetual Inventory System

An accounting method where goods are recorded as sold immediately through the use of computer systems, providing a continuous record of inventory.

Gross Price Method

An accounting practice where inventory and purchases are recorded at their full cost without deducting trade discounts.

Catalog Price

The listed price of items for sale as published in a catalog, not accounting for any discounts or promotions that might apply.