Examlex
Who has the MOST accessible attitude?
Consignee
The individual or entity that is legally permitted to receive goods but does not have ownership rights over the cargo until the consignment is paid for or sold.
LIFO Cost Flow Assumption
A method in accounting that assumes the last items of inventory purchased are the first ones sold.
Inventory Account
An account in financial accounting that tracks the value of a company's goods intended for sale, including raw materials, work-in-progress, and finished goods.
Legal Title
The formal right of ownership of property, which is recognized and protected by law.
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