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In applying the LIFO assumption in a perpetual inventory system the cost of the units most recently purchased prior to sale is allocated first to the units sold.
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A type of application that allows users to create diagrams, flowcharts, and other graphical representations.
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A vector graphic editor and diagramming tool included in the OpenOffice suite, used for creating drawings, flowcharts, and other graphical documents.
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Software tools designed for the creation, editing, and formatting of text documents.
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A file extension for documents created by Microsoft Word, often used for text-heavy files.
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