Examlex
Which skills are most important for first-line managers?
Inventory
Consists of all the goods a company has in stock that are ready to be sold, including raw materials, work-in-progress, and finished goods.
Expense
A cost or charge that a company incurs through its operations aimed at generating revenue.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.
Total Assets
The sum of all resources owned by a company, valued in monetary terms, including both current and non-current assets.
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