Jun Is Getting Ready to Open a Store in Her

question 14

Multiple Choice

Jun is getting ready to open a store in her home town to sell unique lamp bases and shades. What kind of computer does she need at this point?

• A)mainframe computer
• B)server
• C)supercomputer
• D)personal computer

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Definitions:

Purchase Units

These are quantities of goods a company acquires to sell in the course of business.

FIFO Method

An inventory valuation method that assumes goods are sold in the order they were acquired, standing for "First In, First Out."

Inventory Costs

The costs incurred to acquire, hold, and process inventory, including purchase prices, shipping, handling, and storage.

Gas Grills

Outdoor cooking appliances powered by gas fuel, designed for grilling food.