Which of the Following Would You Be Most Likely to Use

question 90

Multiple Choice

Which of the following would you be most likely to use RFID technology for?

• A) tracking inventory
• B) enabling CRM systems
• C) lowering network costs
• D) enabling client communication

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Definitions:

Percentage

A proportion or share in relation to a whole, represented as a number out of 100.

Receivables Basis

An accounting method that recognizes revenue when related receivables are actually or constructively received.

Allowance Account

A contra account related to accounts receivable that represents the estimate of receivables that are likely to be uncollectible.

Allowance Account

A contra-asset account used to estimate and offset losses from potentially uncollectible accounts receivable.