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Some historians have argued that Reconstruction was a total failure, while others have seen it as laying the foundation for future American progress in race relations and civil rights. What arguments can be made for each position? Which is more persuasive?
Periodic Inventory System
An accounting system that updates the inventory balance once at the end of the accounting period, using physical counts and purchase records.
Physical Count
The process of manually counting and verifying the amounts of inventory a company physically has in its possession.
Ownership
The legal right to possess, use, and control a tangible or intangible item.
Consignment
The process of placing goods in the possession of another party to sell, while retaining ownership until the goods are sold.
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