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Explain why ethics and social responsibility are an integral part of accounting.
Unit Cost
The cost incurred to produce, acquire, or deliver one unit of a product or service.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating efficiency in managing inventory.
High Volume
A reference to the large quantity of transactions, activities, or units moved or processed in a given time period, often used in trading and sales contexts.
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