Critical Thinking Questions Case 7-1

question 55

Multiple Choice

Critical Thinking Questions Case 7-1
You recently started working part-time in a retail store, and are learning about the reading devices your store uses.
Your store uses a bar code reader to process items during checkout. What type of technology does the bar code reader use?

• A) light sources
• B) sonar
• C) laser beams
• D) radio frequency

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Definitions:

Profitability

The degree to which a business or activity yields profit or financial gain.

Financial Statement Analysis

The process of examining and analyzing a company's financial statements to make better economic decisions.

External Users

Individuals or entities outside a company, such as investors or creditors, who rely on company financial information to make decisions.

Internal Users

Individuals within an organization who use accounting information for decision-making, including managers and employees.