A Blog Refers to

question 99

Multiple Choice

A blog refers to

• A) a private online forum centered on a specific topic or theme.
• B) a running account of all purchases made at a single website.
• C) a Web page that serves as a publicly accessible personal journal for an individual or organization.
• D) an itemized list of all website "hits" on an individual person including a short biographical summary.
• E) a web network that works as a family tree linking all members of a group or organization.

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Definitions:

Period-End Inventory

The total value of all inventory still available for sale by a company at the end of an accounting period.

Gross Profit

Gross profit is the difference between the sales revenue and the cost of goods sold, illustrating how much a company earns from selling its products before other expenses are deducted.

Cost Of Goods Available

The total cost of merchandise a company has for sale, which includes the beginning inventory plus the cost of goods purchased minus ending inventory.

Ending Inventory

The total value of all the goods that a company has in stock at the end of its accounting period.