Computers Have Made the Periodic Inventory System More Popular and Easier

question 127

True/False

Computers have made the periodic inventory system more popular and easier to apply.

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Definitions:

Customers

People or organizations that buy products or services from a company.

Rate

A measure of the speed at which something happens or is processed, often expressed as a unit per time.

Minute

A unit of time equal to 60 seconds or 1/60th of an hour, commonly used to measure the duration of time.

Discrete Variables

Variables in statistical analysis that assume distinct or separate values, often counted in whole numbers.