_______________ Cards Are a Form of Input Technology

question 38

Short Answer

_______________ cards are a form of input technology. These cards have an embedded microprocessor chip and several kilobytes of memory.

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Definitions:

Merchandise Inventory

The total value of a retailer's goods that are available for sale.

Cash Receipts

The money received by a business during a specified period, including revenue from sales, loan proceeds, and investment income.

Cash Disbursements

Outflows of cash for expenses, assets, or other types of payments.

Cost of Goods Sold

The direct costs attributable to the production of goods sold in a company, including materials and labor.