The Major Difference Between Computerized Checkouts and Electronic Point-Of-Sale Systems

question 82

Multiple Choice

The major difference between computerized checkouts and electronic point-of-sale systems is that the electronic point-of-sale systems _____.

• A)also verify,monitor,and change prices,as well as provide sales reports
• B)are not tied into the retailer's main computer
• C)do not have the capacity to print complex reports
• D)are not compatible with UPC scanners

---

Definitions:

Equity Method

An accounting technique used to record investments in affiliate companies where the investor has significant influence but not full control, typically between 20% and 50% ownership.

Subsidiary's Income

The earnings generated by a company that is more than 50% owned by another company, referred to as the parent company.

Straight Line Amortization

A method of writing off the cost of an intangible asset evenly over its useful life.

Equity Method

An accounting approach used to assess the investment in another company, where the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of net assets and recorded earnings of the investee.