Older Generations Are Digital ____ Because They Have ____

question 45

Multiple Choice

Older generations are digital ____ because they have ____.

• A) immigrants; grown up in technology-enriched homes, schools, and friendship environments
• B) immigrants; had to learn technology to work, socialize, date, and think about what's important in their lives
• C) natives; grown up in technology-enriched homes, schools, and friendship environments
• D) natives; had to learn technology to work, socialize, date, and think about what's important in their lives

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Definitions:

Periodic Inventory System

A method of inventory valuation for financial reporting purposes where a physical count of the inventory is taken at specified intervals.

Purchase Account

An account used in accounting to record the total purchases of goods and services by a company.

Inventory Account

An account used to record the value of inventory held by a company, including raw materials, work-in-progress, and finished goods.

Cost of Goods Available

The total cost of goods a company has to sell during a specific period, calculated by adding the beginning inventory to the cost of goods purchased.