Examlex
Match the following vocabulary terms with their meanings.
-Foreign substance that stimulates the production of an antibody
Perpetual Inventory System
An inventory management system where updates are made continuously to the inventory records to reflect sales, purchases, and returns in real-time.
Credit Memo
A credit memo is a document issued by a seller to a buyer, reducing the amount that the buyer owes the seller under the terms of an earlier invoice.
Perpetual Inventory System
An accounting method that records the sale or purchase of inventory immediately through computerized point-of-sale systems and Enterprise Resource Planning systems.
Periodic Inventory System
An inventory accounting system where updates to inventory levels are made at specific intervals, rather than continuously.
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