Examlex
A CPU BRANCH instruction requires two operands, one containing the address of another instruction and one containing the address of the previous instruction.
Periodic Inventory System
An inventory accounting system where updates to inventory levels are made on a periodic basis, as opposed to continuously.
Cost Of Goods Sold
The direct financial outlays for labor and materials that are necessary for producing goods a company sells.
Accounting Period
A specific time span for which financial records are kept and financial statements are prepared, usually a year or quarter.
Beginning Inventory
The value of all the goods held by a company at the start of an accounting period, before any purchases or sales are made.
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