Which of the Following Is the Blueprint That Defines How

question 3

Multiple Choice

Which of the following is the blueprint that defines how the company creates value for itself while providing value to the customer?

• A) customer value proposition
• B) profit formula
• C) net present value
• D) none of these

---

Definitions:

Perpetual Inventory System

An accounting method that continuously updates inventory records for each addition or subtraction, reflecting current inventory levels in real-time.

General Journal

A foundational accounting record where all transactions are initially recorded using double-entry bookkeeping before being posted to specific accounts in the general ledger.

Perpetual Inventory System

A method of inventory management where updates to inventory records are made immediately following each transaction, providing a continuous record of inventory levels.

Terms 1/10, n/30

A payment term indicating that a buyer can take a 1% discount on the invoice amount if payment is made within 10 days, otherwise the full (net) amount is due in 30 days.