Examlex
________ is a computer program developed for conducting MDS.
Current Year
The ongoing calendar year or fiscal year in which a business is operating.
FOB Shipping Point
A term used in shipping contracts indicating that the buyer is responsible for the goods and the shipping cost from the moment they leave the seller's premises.
Physical Inventory
The process of counting by hand the actual inventory available in a business at a specific time, typically done periodically.
Cost of Inventory
The total expense to purchase and manage inventory stocks, including purchase costs, shipping, handling, and storage.
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