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Which of the following key points is NOT congruent with Dawis and Lofquist's theory?
Cost Of Merchandise Sold
The total cost to a business of the goods sold to customers, including purchase price and additional expenses related to the sale.
Inventory Shrinkage
The loss of products between procurement and sale, often due to theft, damage, or administrative errors.
Losses Of Inventory
The reduction in the value of goods held for sale, due to theft, deterioration, or obsolescence.
Actual Inventory
The physical count and valuation of all goods available for sale or use at a specific time, often conducted through a physical inventory audit.
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