____ Are Simply Small Computers That Contain Stored Programs or Algorithms

question 32

Multiple Choice

____ are simply small computers that contain stored programs or algorithms.

• A) Auto processors
• B) Signal processors
• C) Microcontrollers
• D) Microprocessors

---

Definitions:

Periodic Inventory System

A method of inventory valuation where the ending inventory and cost of goods sold are determined at the end of an accounting period.

Freight-In

Costs associated with transporting goods into a warehouse or to the buyer, typically included in the inventory cost under the accounting principle of absorption costing.

Inventory Account

An account that tracks the value of a company's inventory, including raw materials, work-in-process, and finished goods.

Perpetual Inventory System

An accounting method where inventory records are updated continuously as transactions occur.