Examlex
In order for a printer or laptop to connect to a wireless LAN they must have a(n) ________.
Periodic Inventory System
An accounting system that updates the inventory balance once at the end of the accounting period, using physical counts and purchase records.
Physical Count
The process of manually counting and verifying the amounts of inventory a company physically has in its possession.
Ownership
The legal right to possess, use, and control a tangible or intangible item.
Consignment
The process of placing goods in the possession of another party to sell, while retaining ownership until the goods are sold.
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