Examlex
Text and pictures that have been digitized cannot be searched or edited like text and pictures found in word processing software. ____ can be used to convert digitized documents into ASCII code that can be edited by word processing software.
Net Income
The amount of money that remains from revenues after all expenses, taxes, and costs have been subtracted; a crucial indicator of a company's profitability.
Ending Inventory
The value of goods available for sale at the end of an accounting period.
Owner's Equity
The residual interest in the assets of a business after all liabilities have been deducted, often referred to as shareholder's equity or net worth.
Inventory Errors
Mistakes in the counting, recording, or valuation of inventory, which can lead to inaccuracies in financial statements.
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