Examlex
Which of the following is NOT an area of responsibility for a logistics manager?
Closing Entries
These are journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts.
Inventory
The complete quantity of products and materials a company possesses for the purposes of sale or utilization in manufacturing processes.
Perpetual Inventory System
An inventory management method where stock levels are updated in real-time with every sale or purchase.
Merchandise
Goods that are bought and sold as part of business operations, typically in a retail or wholesale setting.
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