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Welltrak Distributors places small tags that emit a weak radio signal on all of its pallets and cases of goods.The tags are use to identify and track products as they pass through the company's supply chain.Welltrak's inventory control system is referred to as:
Miscellaneous Expense
Minor or incidental expenses that do not fit into other specific categories within an organization's financial accounting.
Adjusted Trial Balance
A list of all accounts and their adjusted balances after journal errors have been corrected and adjustment entries made, used to prepare financial statements.
Period
A length of time in financial reporting, often referring to a fiscal quarter or year.
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