It's Not Absolutely Clear from the Text, but a Power-Law

question 8

Multiple Choice

It's not absolutely clear from the text, but a power-law distribution connection with unpredictability means:

• A)That any small change may result in either a small, medium or large consequence, with no way of predicting which it will be
• B)The vast majority of small changes will result in small consequences, but a small number will have large consequences - but you can't predict which ones
• C)That small changes can distribute a lot of power
• D)Both a and b above

---

Definitions:

Perpetual Inventory Method

An accounting method that continuously tracks inventory levels and cost of goods sold, updating the accounts after each transaction.

General Journal Entry

A record in the general journal that represents a transaction and shows the accounts and amounts debited and credited.

F.O.B Shipping Point

F.O.B Shipping Point (Free on Board Shipping Point) is a shipping term indicating that the buyer assumes ownership and risk of the goods being shipped as soon as they leave the seller's premises.

Perpetual Inventory Method

An accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.