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When a Parent Element Has an ID or Name, You

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When a parent element has an ID or name, you can use the name or ID to refer to that element as well as to any child elements within it.


Definitions:

Goods In Process Inventory

Partially finished goods that are still in the production process at the end of an accounting period.

Finished Goods Inventory

Products that have completed the manufacturing process but have not yet been sold to customers.

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