When a Previous Visitor to Amazon

question 226

Multiple Choice

When a previous visitor to Amazon.com returns to the site, the online retailer will instantly have information about that visitor because of the ___________ it placed on the visitor's computer during the first visit.

• A) institution
• B) reminder
• C) cooperative
• D) cookie
• E) allowance

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Definitions:

High-Unit Cost

The condition of having a high cost per unit of product, often due to expensive inputs or inefficient production.

FIFO

First-In, First-Out, an inventory valuation method where goods purchased or manufactured first are sold or used first.

LIFO

Last In, First Out, an inventory valuation method where the most recently produced items are recorded as sold first.

Bonus Rate

An additional rate of interest applied over the standard rate in certain savings accounts or investments as an incentive.