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________ created the World Wide Web,the URL scheme,HTML and HTTP.
Periodic System
An inventory system in which the inventory level is updated and cost of goods sold is calculated at the end of an accounting period.
Perpetual Inventory
An inventory management system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Periodic System
An accounting method used for tracking inventory where updates to the inventory account are made periodically, typically at the end of an accounting period.
LIFO Inventory
A method of inventory valuation where the last items to be added to the inventory are the first ones to be used or sold, assuming that the cost of goods sold is based on the most recent prices.
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