Matching ​Identify the Letter of the Choice That Best Matches the the Phrase

question 73

Multiple Choice

Matching
​Identify the letter of the choice that best matches the phrase or definition.
-It identifies the report and contains the report title, date, and other necessary information.

• A)Report header
• B)​​Input volume
• C)Modular design
• D)Prototype
• E)​Report footer
• F)​Source document
• G)Dialog box
• H)​Switchboard
• I)Exception
• J)​Existence

---

Definitions:

Perpetual Inventory System

An inventory management system where updates are made continuously to the inventory records to reflect sales, purchases, and returns in real-time.

Credit Memo

A credit memo is a document issued by a seller to a buyer, reducing the amount that the buyer owes the seller under the terms of an earlier invoice.

Perpetual Inventory System

An accounting method that records the sale or purchase of inventory immediately through computerized point-of-sale systems and Enterprise Resource Planning systems.

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made at specific intervals, rather than continuously.