Examlex
Because SQL statements are table-oriented,whereas programs are variable-oriented,the results of SQL statements used in programs are accessed using an SQL cursor.
Gross Profit
The difference between revenue and the cost of goods sold before accounting for certain other costs.
Periodic Method
An inventory accounting method where the inventory balance is updated at the end of each period after a physical count.
Purchases Discounts
Reductions in price given by suppliers for prompt payment or purchases in bulk.
Merchandise Inventory
A detailed list of all the goods a business holds for the purpose of resale, capturing their quantity and possibly value.
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