Describe How the Processor Files, Which Are Created When a PLC

question 3

Essay

Describe how the processor files, which are created when a PLC program is written, are classified.

Recognize how credit card sales and associated fees are recorded in retail accounting.

Differentiate between credit sales and sales using bank credit cards.

Understand the recording of sales returns and allowances.

Distinguish the operating cycles and financial reporting between service and retail businesses.

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Definitions:

Internal Validity

The extent to which a research study can demonstrate that a causal relationship exists between the independent and dependent variables, free from confounding variables.

External Validity

The degree to which a study's findings can be applied to other contexts and different individuals.

Validity

The extent to which a test, measurement, or study accurately reflects or assesses the specific concept it is intended to measure.

Accurate Representation

is the degree to which an account or depiction reflects the true nature or details of the subject being represented.