Examlex
Security is not an important consideration of logical design, but comes later in the systems development process.
Net Realizable Value
The estimated selling price of an item in the ordinary course of business minus any cost associated with the sale or disposal of the item.
Selling Price
The amount of money for which a product or service is sold to the customer.
Lower Of Cost
A principle in accounting that requires inventory to be recorded at either its cost or its market value, whichever is lower.
Replacement Cost
The current cost of replacing an asset with a similar new asset at prevailing market prices.
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