A Spell Checker

question 98

Multiple Choice

A spell checker

• A)cannot automatically correct misspelled words as you type.
• B)highlights words it doesn't recognize.
• C)suggests synonyms.
• D)has eliminated the need for proofreading.

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Definitions:

Perpetual Inventory System

A method that continuously updates inventory records to reflect sales, returns, and additions in real time.

Perpetual Inventory System

An inventory management system where stock levels are updated in real-time following each purchase or sale.

Inventory Account

An account used to record the value of inventory held by a business, including goods ready for sale and those in the process of being produced.

Subsidiary Inventory Ledger

The subsidiary ledger containing individual accounts for items of inventory.