Examlex
________ are small programs that reside on computers to conduct certain tasks automatically and it runs in the background,monitors the environment,and reacts to certain trigger conditions.
Perpetual Inventory
An inventory management system that records the sale or purchase of inventory immediately through the use of computerized systems.
Physical Inventory
A process of counting and valuing all the inventory that a business physically possesses at a particular point in time.
Computerization
The process of equipping tasks, processes, or systems with the capability to be performed or monitored by a computer.
Unit Prices
Unit prices are the costs assigned to a single unit of a product or service, allowing buyers to compare costs and make informed purchasing decisions.
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