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Cece works in a matrix organization, and although she found it confusing at first, she has seen the inherent opportunities. Instead of a career path from biologist to biology head to science head to research head, Cece prefers a project career, with opportunities to leverage her firm's capabilities to solve customers' problems. Fortunately, one of the strengths of a matrix organization is
Freight Cost
The charge incurred for transporting goods via air, land, or sea.
Periodic Inventory System
An inventory accounting method where the inventory count and the cost of goods sold are determined at the end of an accounting period.
Merchandise Inventory
Goods or products that a company holds with the intention of selling them to customers for a profit.
Freight In
The cost associated with transporting goods from the supplier to the buyer, which is often added to the purchase cost of inventory.
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