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Why is the secondary market important?
Estimated Cost
The anticipated cost or price of an item, service, or project based on current information, forecasts, and analyses before actual costs are incurred.
Estimated Method
An approach that involves approximating financial figures or outcomes based on available data and educated assumptions.
Perpetual Inventory
An inventory system that records changes in inventory levels immediately as they occur, facilitating real-time tracking of stock.
Financial Statements
Reports that summarize the financial condition and operations of a business, including balance sheet, income statement, and cash flow statement.
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