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In a Multiple-Column Record of a Data File,______________represent Different Variables

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In a multiple-column record of a data file,______________represent different variables and______________represent different respondents.


Definitions:

Periodic Inventory

a system of inventory management where updates to inventory levels are made at specific intervals, usually at the end of an accounting period.

Perpetual Inventory

An inventory management system where updates are made continuously as transactions occur.

Inventory Accounting Systems

The systems or methods used by businesses to keep track of their inventory levels, costs, and quantities.

Perpetual Inventory System

This inventory accounting procedure logs purchases or sales instantly through computerized point-of-sale systems and enterprise asset management software.

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