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By default, a ____ border appears around a linked graphic.
Inventory Value
The monetary value of all the goods that a company has in stock, not yet sold.
Total Inventory
The complete value of a company's raw materials, work-in-progress, and finished goods at a given time.
Perpetual Inventory System
A system for tracking inventory accounting that instantly logs each sale or acquisition of inventory through computerized point-of-sale systems and software for managing enterprise assets.
LIFO
A rephrased definition: An accounting approach to inventory and cost of goods sold valuation that assumes the most recently acquired items are the first to be sold.
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