Examlex
Human resource management is increasingly becoming a purely administrative function.
Physical Inventory
The process of counting and verifying the actual stock in a business at a specific point in time.
Perpetual Inventory System
A digital system for inventory management that immediately documents any inventory sale or purchase using electronic point-of-sale systems along with enterprise asset management software.
MasterCard and VISA
Major global payment networks and companies facilitating electronic funds transfers through branded credit, debit, and prepaid cards.
Service Fee
A charge for the provision of a service, often separate from the cost of goods sold.
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