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Jake is getting ready for spring training and is sitting down to a dinner of half a chicken, a rib-eye steak, black beans, and 5 slices of bacon. He has been eating typical dinners like this for about a month and has since gained 7 pounds, while exercising only briefly. When Jake asks why he doesn't see an increase in his biceps or abs, the proper response should be that ____.
Retailer
A business or person that sells goods directly to consumers for their use or consumption, rather than to other businesses or wholesalers.
Perpetual Inventory Systems
This approach to inventory accounting instantly captures sales or purchases of inventory through computerized point-of-sale systems and software for enterprise asset management.
Detailed Inventory Records
Comprehensive documents that track the quantity, value, and movement of inventory.
Periodic Inventory Systems
An inventory accounting system where updates to inventory levels are made at specific intervals rather than continuously.
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