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Which of the following is NOT an external failure activity?
Perpetual Inventory System
An inventory management method that records real-time transactions of received and sold inventory.
Merchandise Inventory
Goods or products that a retailer, wholesaler, or distributor holds for the purpose of resale to customers.
FOB Shipping Point
A shipping term indicating that the buyer assumes ownership and risk of loss of goods at the point of origin, and is responsible for freight costs.
Title
A legal term referring to the official right to own or possess property.
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