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________ is defined as the substantial likelihood that a person either committed or is about to commit a crime.
Legal Title
The formal right of ownership of property, which may include possessions, assets, or real estate, recognized and protected by law.
Perpetual Inventory System
A method of accounting for inventory that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Periodic Inventory System
An inventory accounting system that updates inventory levels and cost of goods sold at the end of an accounting period, rather than after each sale or purchase.
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