Examlex
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Office Supplies
Consist of consumable items that are used in the daily operations of an office, such as paper, pens, and ink.
Physical Counts Of Inventory
The manual counting of all merchandise or stock in a business at a particular time to verify accuracy against recorded inventory levels.
Perpetual System
An inventory accounting system that records purchases and sales of goods instantly through computer systems, without periodically physically counting inventory.
Inventory Adjustment
Modifications made to inventory records to reflect actual inventory levels, often after a physical count.
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