The Inventory System That Uses Computer Software to Keep a Running

question 115

Multiple Choice

The inventory system that uses computer software to keep a running record of inventory on hand is the:

• A)cost of goods sold inventory system.
• B)periodic inventory system.
• C)perpetual inventory system.
• D)hybrid inventory system.

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Definitions:

Stock Market Index

A statistical measure that shows changes in the stock market by tracking a selected set of stocks to represent a particular market or sector.

Project Cash Flows

Net amounts of cash that are to be received or paid out over the duration of a project, determining its profitability and feasibility.

Predictable

Capable of being foreseen or declared in advance with a high degree of certainty.

Correlated

When two variables have a mutual relationship that affects each other's movements or values.