You're Not Sure What Major to Decide on Because You

question 139

Essay

You're not sure what major to decide on because you like advertising and you like public relations.However,there is an area where these two disciplines overlap.Name and describe this public relations tool.

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Definitions:

Periodic Weighted

A method of inventory valuation that assigns a weighted average cost to items, based on the cost of goods available for sale during a period.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including materials and labor.

Average Method

An inventory costing method that prices items based on the average cost of all similar items in inventory.

Cost of Goods Sold

The direct costs tied to the production of products sold by a company, including material and labor expenses.