Examlex
Match each definition to one of the following items.
-A fracture that is broken, splintered, or crushed into pieces
Total Value
The entire worth of an asset, portfolio, or company, factoring in all components of value.
Perpetual Inventory System
An inventory management system that updates inventory records for each purchase and sale transaction in real-time.
FIFO
An inventory valuation method that assumes the first items placed in inventory are the first sold, hence "First In, First Out."
Ending Inventory
The value or quantity of goods and materials available at the end of an accounting period.
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