Examlex
If a positive reaction is last observed at a dilution of 1:256, the titer is ________.
Beginning Inventory
The value of all the goods held by a company at the start of an accounting period, before any purchases or sales are made.
Lower Of Cost
Refers to a valuation principle that directs inventory and other assets to be recorded at the lower of either the original cost or the current market value.
Net Realizable Value
The estimated selling price of inventory in the ordinary course of business minus any estimated costs necessary to make the sale, used in determining the value of ending inventory.
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