Examlex
SQL Server 2008 provides two ways to create tables-graphically and through SQL code.
Inventory Value
The total worth of all the goods and materials held in stock by a business at a given time, typically assessed for accounting and sales purposes.
Inventory Balance
The quantity of goods or materials on hand at a specific point in time.
FIFO Method
"First In, First Out," an accounting method for valuing inventory where the first items placed in inventory are considered sold first.
Ending Inventory
The total value of all unsold goods held by a company at the end of an accounting period.
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