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Inventory that originally cost $100 had been written down to its net realizable value (NRV) of $75.Subsequently, the NRV of the inventory recovered to equal its cost of $100.In this situation, the amount of the $25 ($100 - $75) prior writedown in value should be reversed.
Outsourced Training
The practice of hiring external entities to conduct training programs for an organization’s employees.
Internal Recruiting
The process of filling job vacancies within an organization by considering current employees for promotion or transfer.
Ripple Effect
The continuing and spreading impact of an event or action, which can affect various aspects and individuals indirectly related to the initial occurrence.
External Recruiting
The process of looking outside a company to fill job vacancies, typically through advertisements, job fairs, or recruiting agencies.
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