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When one's mental age is lower than one's actual age in years, then
Perpetual Inventory System
An accounting method where records of inventory are updated on a continuous basis as goods are sold or received.
Weighted Average
A calculation method that assigns different weights to different items, making some items more influential than others based on their relevance or significance.
Inventory Control
The process of managing inventory to ensure an adequate supply without excessive oversupply.
Purchase Order
A document issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services.
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