Examlex
Write the number in standard notation.
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Ending Inventory
The total value of all goods still available for sale at the end of an accounting period.
FOB Destination
A shipping term indicating that the seller bears the shipping costs and retains ownership of the goods until they are delivered to the buyer's location.
Inventory Records
Documentation and tracking of the quantity, value, and turnover of a business's inventory, including raw materials, work-in-progress, and finished goods.
Overstated Beginning Inventory
An accounting error where the starting inventory level is recorded higher than it actually is, leading to inaccuracies in financial statements.
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