The Inventory System That Uses Computer Software to Keep a Running

question 115

Multiple Choice

The inventory system that uses computer software to keep a running record of inventory on hand is the:

• A)cost of goods sold inventory system.
• B)periodic inventory system.
• C)perpetual inventory system.
• D)hybrid inventory system.

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Definitions:

Crystalline

Consisting of or containing crystals, or being structured in a way that forms a repeating pattern at the atomic or molecular level.

Lattice Structure

The regular, repeated three-dimensional arrangement of atoms, ions, or molecules in a metal or other crystalline solid.

Oxidized

A chemical change in which a substance loses electrons, often associated with the addition of oxygen or the loss of hydrogen.

Chemical Reaction

A process that leads to the transformation of one set of chemical substances to another through the making and breaking of bonds between atoms.