The Greatest Feats of Engineering in the Ancient World, the Pyramids

question 79

Multiple Choice

The greatest feats of engineering in the ancient world, the pyramids, were built approximately

• A)between 2600 and 2400 B.C.
• B)in 1500 B.C.
• C)between 1000 and 900 B.C.
• D)in 500 B.C.
• E)ca.3100 B.C.

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Definitions:

Gross Profit Method

An accounting technique used to estimate inventory levels and cost of goods sold by utilizing the gross profit margin.

Net Sales

The total revenue from sales minus returns, allowances for damaged or missing goods, and discounts.

Moving-Average Method

The Moving-Average Method is an inventory costing method that averages the costs of inventory over time to determine the value of sold and remaining stock.

Perpetual Inventory System

An inventory control method that records the sale or purchase of inventory in real-time through the use of computerized systems.