Examlex
What is the best reason for people to provide you with goods and services?
Physical Count
The process of manually counting the actual inventory on hand to verify stock levels and account for discrepancies.
Inventory Records
Documents that track the quantity, value, and movement of products or materials a company holds in stock.
FOB Shipping Point
A shipping term indicating that the buyer assumes all risk and pays for shipping costs from the point of departure; ownership of goods transfers to the buyer when the carrier picks up the items.
FOB Destination
is a shipping term indicating the seller bears delivery risk and costs until the goods reach the buyer's location, at which point the buyer takes over.
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