Examlex
Most personal computers purchased by households are acquired primarily to assist children in their school work.In referring to its brand of PC,one computer company came up with the clever advertising line "The teacher's aid." This line is the only notable aspect of the company's advertising.What creative style is the company employing?
Periodic Inventory
A system in which the inventory is physically counted at certain periods and the cost of goods sold is calculated thereafter.
Computerized Accounting Systems
Digital systems that manage, record, and process financial transactions using software, thereby improving accuracy and efficiency.
FOB Destination
A term specifying that the seller is responsible for the goods and the cost of shipping until they are received by the buyer at the destination.
Ending Inventory
The cumulative worth of all remaining inventory a company holds at the conclusion of a financial period.
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