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Critical Thinking Questions Case 5-1
You are the administrative assistant to the owner of a small business. The owner has heard that, when distributing artwork in a variety of formats for customers, print shops, webmasters, and email attachments, portability is an important factor to consider when choosing formats. She does not know what portability refers to and asks for your help.
The owner asks you to explain what a PDF is. You tell her ____.
Tea Leaves
Used metaphorically to refer to signs or indicators that predict future trends or outcomes, traditionally derived from reading patterns in tea leaves.
FIFO Method
"First In, First Out," an inventory valuation method where the oldest inventory items are recorded as sold first.
Weighted Average Method
A computation that considers the different levels of significance of the numbers within a dataset.
Work in Progress
Inventory representing partially completed goods which require further work before they are ready for sale.
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