Examlex
Match the following:
-Redundancy
Quantity Discounts
Price reductions offered to customers for purchasing goods or services in large quantities.
Periodic Inventory System
A method of inventory valuation for financial reporting purposes where a physical count of the inventory is taken at specific intervals.
Perpetual Inventory System
An inventory management approach where transactions are recorded in real-time, immediately affecting the inventory account.
FOB Shipping Point
A term used in shipping contracts to indicate that the buyer is responsible for the goods once they are shipped, and must pay for the shipping costs.
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