Examlex
All of the following are fixed price strategies except:
Perpetual Inventory
An inventory management system where inventory quantities and costs are updated continuously with each sale or purchase transaction.
Accounts Payable
Liabilities of a business that represent its obligations to pay off a short-term debt to its creditors or suppliers.
Inventory
The overall quantity of products and resources that a business possesses, which are either for sale or to be utilized in manufacturing.
Perpetual Inventory
A continuous tracking system for inventory that records the sale or purchase of inventory in real-time through the use of computerized systems.
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