Examlex
Pluripotentiality refers to
Perpetual System
An inventory management approach that tracks the sale and purchase of inventory in real-time, providing a continuous account of inventory and cost of goods sold.
Perpetual LIFO
A method of inventory valuation where the last items acquired are the first considered sold in an ongoing, or perpetual, system.
Inventory Flow
The progression of goods through a business, typically from purchase or production to sale, characterized by methods such as FIFO, LIFO, and weighted average.
Average Cost Method
A method of inventory valuation where the cost of goods sold and ending inventory are determined by calculating the weighted average of the costs of all items available for sale.
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