Examlex
____ involves sending an e-mail or displaying a Web announcement that falsely claims to be from a legitimate enterprise in an attempt to trick the user into surrendering information.
Inventory Cost
The total cost associated with acquiring, storing, and managing inventory, including purchase prices, storage costs, and shrinkage.
GAAP
Generally Accepted Accounting Principles; the common set of accounting principles, standards, and procedures that companies use to compile their financial statements in the US.
Cost Flow Assumption
An accounting principle that determines how costs are allocated and reported, including FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and average cost methods.
Vendor Allowances
Vendor allowances are funds provided by suppliers to a retailer for various promotional activities aimed at increasing the sale of their products.
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