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The requirement that certain professionals possess a license in order to work in a particular market has the effect of reducing the supply of those services,which in turn causes:
Beginning Inventory
The worth of products ready for purchase at the beginning of a financial period.
Transferred In
Costs or value brought into a new account or process, often used in manufacturing to describe costs from a previous process carried into another.
Beginning Work in Process
The worth of products that are undergoing manufacturing at the beginning of a financial period.
Units Completed
A measure of the number of finished products that have completed the manufacturing process.
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