When You Publish Your Own Material Online, It Is Automatically

question 48

Multiple Choice

When you publish your own material online, it is automatically covered by ____.

• A)trademark
• B)copyright
• C)patent
• D)libel insurance

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Definitions:

LIFO Method

Last In, First Out method; an inventory valuation technique where the latest items added to inventory are the first ones removed during sales.

FIFO

"First In, First Out," an inventory valuation method where the earliest items purchased are the first to be sold.

Inventory

The total amount of goods available for sale or use by a business.

Perpetual Inventory System

An accounting method that records inventory purchases or sales immediately through the use of computerized point-of-sale systems and enterprise asset management software.