Examlex
________ intelligence provides information to decision makers about the changing nature of threats of terrorism or crime.
Periodic Inventory System
An inventory accounting system where updates to inventory levels are made on a periodic basis, not continuously, through physical counts.
Ending Inventory Cost
The total value of all goods available for sale at the end of an accounting period, calculated using a specific inventory costing method like FIFO or LIFO.
Physical Inventory
A process of counting and verifying the actual inventory on hand at a specific time, typically used to validate inventory records and adjust discrepancies.
Periodic System
An inventory tracking system that updates inventory balances after a specific period, based on physical inventory counts.
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