Benefits of Mobile POS Stations Include Each of the Following

question 16

Multiple Choice

Benefits of mobile POS stations include each of the following except:

• A)Mobile POS stations can be setup as needed by using handheld computers,scanners and printers.
• B)The stations are low cost and do not require employee training.
• C)During periods of high volume,employees can setup temporary mobile check out stations capable of scanning merchandise bar codes,processing credit card payments,and printing receipts.
• D)Employees can walk through a fixed station line offering to expedite checkout for those customers paying with credit card.

Understand the global influence of innovation and the necessity of understanding and adapting to local market problems.

Understand the concepts of assets, liabilities, and equity within the context of the balance sheet.

Comprehend the process and implications of adjusting entries in the accounting cycle.

Identify and classify different types of accounts (assets, liabilities, revenues, expenses) and their effects on financial statements.

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Definitions:

FOB Shipping Point

A term used in shipping contracts to indicate that the buyer is responsible for the cost of transporting the goods from the shipping point.

Invoice Amount

The total sum of money requested by a vendor from a purchaser for goods delivered or services provided.

Merchandise

Goods that are bought and sold in any business, particularly in retail.

Freight Charge

The cost incurred for transporting goods between places, typically charged by carriers for shipments.