Examlex
Provide an example of why you might want to link data included in two or more files.
Lower of Cost or Market
An accounting principle stating that inventory should be recorded at either its historical cost or its market value, whichever is lower.
Inventory
Items such as raw materials, work-in-progress, and finished goods that a company holds for the purpose of sale in the ordinary course of business.
Inventory Management
The systematic approach to ordering, storing, and using a company's inventory, including raw materials, components, and finished products.
Price Declines
A reduction in the market price of goods, services, or securities.
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