Which of the Following Is a Business-Related Consequence of Failing

question 128

Multiple Choice

Which of the following is a business-related consequence of failing software?

• A) Decrease productivity
• B) Damage to brand reputation
• C) Incur liabilities
• D) All of these

---

Definitions:

Perpetual Inventory System

An accounting method that continuously updates inventory records for every purchase and sale.

Credit Memo

A document issued by a seller to a buyer, reducing the amount that the buyer owes due to a return or refund.

Credit for Returns

A reduction in sales revenue that occurs when customers return previously purchased products.

Discount Period

The timeframe during which a discount is available or the period between the receipt of a bill and its payment due date when a discount may be taken.