Examlex
The term ____ refers to an e-business that gathers and organizes large amounts of data and information, and then acts as an intermediary between those who want the information and those who supply the information.
Perpetual Inventory System
An inventory management system that updates inventory records for each purchase and sale in real-time.
Gross Method
An accounting practice where purchases are recorded at their gross price without deducting any cash discounts.
Invoice Price
The price indicated on an invoice, representing the cost of goods or services purchased.
Periodic Inventory System
An inventory accounting system where updates to inventory levels are made at specific intervals, rather than continuously.
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