The Term Hermaphrodite Is Being Replaced by the Newer Term

question 105

Short Answer

The term hermaphrodite is being replaced by the newer term _____.

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Definitions:

Perpetual Inventory System

An inventory transaction recording method that utilizes computerized point-of-sale systems and enterprise asset management software to instantly register the sale or acquisition of goods.

Journal Entries

Written records of the financial transactions and events of a business, used to document and track the financial impact on its accounts.

Perpetual Inventory System

A financial recording technique that immediately documents inventory sales or acquisitions through computerized point-of-sale systems and software for managing enterprise assets.

Administrative Expenses

The costs related to the general administration of a business, such as salaries of senior executives, accounting, human resources, and information technology.