Critical Thinking Questions Case 1-2

question 152

Multiple Choice

Critical Thinking Questions
Case 1-2
Another approach to learning about computers is to study how they are used today, which means learning about the categories of users.
-Which of the following types of users is the most likely to use accounting software?

• A) power
• B) mobile
• C) enterprise
• D) home

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Definitions:

Overstated

A situation where the reported value or figures are higher than the true or accurate value, often unintentionally.

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including materials and labor.

Average Number

A value found by adding all numbers in a set together and then dividing by the quantity of numbers in that set.

Inventory

The unfinished materials, items in production, and completed products that form part of a company's assets, which are available for sale or will soon be.