Examlex
A president of the Public Relations Society of America was once forced to resign as a result of an
insider trading scandal.
Intra-entity Inventory
Transactions involving the exchange of goods between divisions within the same company, often for consolidation or reallocation purposes.
Gross Profit
The disparity between sales income and the expense of goods sold, prior to considering additional expenditures.
Gross Profit
The financial gain obtained after deducting the cost of goods sold from total sales revenue.
Intra-entity Inventory
Inventory transactions occurring between divisions or subsidiaries within the same parent company, which may need elimination during consolidation.
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