From a Company's Perspective,the Primary Benefit of Using Cookies Is

question 47

Multiple Choice

From a company's perspective,the primary benefit of using cookies is it allows a company to:

• A) gather information about where a consumer has been on the company's Web site, how long they were there, and what they did
• B) know what other sites a person has visited on the Internet
• C) prepare specific marketing messages and e-mails to consumers based on their browsing behavior
• D) know who has visited the company's Web site

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Definitions:

Perpetual FIFO

An inventory management method where goods are sold in the order they are acquired, continuously updated to reflect sales and purchases.

Cost of Goods Sold

An accounting term referring to the direct costs attributable to the production of the goods sold in a company, including material and labor costs.

Ending Inventory

Ending inventory is the total value of goods available for sale at the end of an accounting period, calculated by adding new purchases to beginning inventory and subtracting cost of goods sold.

Periodic LIFO

An inventory valuation method where the last items placed in inventory are the first ones counted as sold, calculated at the end of an accounting period.