Examlex
When should the software Quality Assurance (QA) team feel confident that testing is complete?
Perpetual Inventory System
An inventory management system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Consignee
The person or company that receives goods for sale, storage, or shipment on behalf of another, holding goods without taking ownership.
FOB Destination
A shipping term where the seller is responsible for the delivery of goods to a specific destination, absorbing all costs and risks until the goods are received by the buyer.
Perpetual Inventory System
A method of inventory management where updates to inventory records are made continuously as transactions occur.
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