A Quick, Involuntary Response That Always Occurs in the Presence

question 151

Multiple Choice

 A quick, involuntary response that always occurs in the presence of specific stimuli is called a(n)

• A) reflex.
• B) instinct.
• C) fixed action pattern.
• D) learned behavior.

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Definitions:

Merchandise Sold

Products or goods that have been sold to customers, typically referring to transactions within the retail or wholesale sector.

Cost of Goods Sold

Directly incurred costs associated with the production of a company’s goods for sale, comprising material and labor expenses.

FOB Shipping Point

A term used in shipping contracts to indicate that the buyer is responsible for the goods and the shipping cost from the moment the goods leave the seller's premises.

Perpetual Inventory System

This method for accounting inventory immediately notes down any purchase or sale through the use of computerized point-of-sale systems and enterprise asset management software.