Examlex
One major disadvantage of encryption is that ____.
Perpetual inventory system
A method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
LIFO cost method
An inventory costing method that assumes the last items purchased or produced are the first ones sold, impacting the cost of goods sold and inventory valuation.
Gross profit
The difference between revenue and the cost of goods sold before accounting for certain other costs like operating expenses.
Perpetual inventory system
Inventory accounting where transactions are recorded in real-time, updating the inventory account continuously.
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Q37: _ is necessary in any computer system
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