Examlex
While vegetable oils are higher in unsaturated fatty acids compared to animal fats, they still contain saturated fatty acids.
Perpetual System
An inventory management system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Merchandise Inventory
Products that a retailer, wholesaler, or distributor has in stock and available for sale.
Cost of Goods Sold
Represents the direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Perpetual Inventory System
An inventory tracking system where inventory levels are updated in real-time with each sale or purchase transaction, giving a continuous account of inventory on hand.
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