Examlex
Summarize the core competencies established by the Council on Social Work Education's Educational Policy and Accreditation Standards (EPAS).
LIFO Method
Last In, First Out, an inventory valuation method that assumes goods purchased last are the first to be sold.
Fiscal Year
A one-year period used for financial reporting and budgeting that may not correspond to the calendar year.
Net Realizable Value
The estimated selling price of goods, minus the cost of their sale or completion.
Dollar-Value LIFO
An inventory valuation method that uses the last-in-first-out (LIFO) principle, adjusted for changes in the dollar's value.
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