An Example of Mathematical Modeling Software Is ____

question 62

Multiple Choice

An example of mathematical modeling software is ____.

• A) SPSS Statistics
• B) Mathcad
• C) Quicken
• D) all of the above

---

Definitions:

Normal Credit Balance

The expected balance on the credit side of an account, based on its accounting function (e.g., liabilities, revenues, and equity accounts).

Accounts Receivable

tracks money owed to a business by customers who have purchased goods or services on credit, representing a line of credit extended by the business and due within a short period.

Sales

The transactions involving the exchange of goods or services for money or other compensation.

Perpetual Inventory System

An inventory tracking system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.