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Metadata Are Data That Describe the Properties of Other Data

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Metadata are data that describe the properties of other data.


Definitions:

Correcting Entries

Modifications applied to bookkeeping entries to correct mistakes or oversights.

Sales Revenue

Earnings accrued from the transactions of goods or services within a set period.

Inventory

A company's assets that are ready for sale or will be ready after processing.

Perpetual Inventory System

An inventory management system where records are updated on a continuous basis as inventory items are purchased and sold.

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