Examlex
________ is a measure of the balanced scorecard's internal-business-process perspective.
Periodic Inventory System
An inventory valuation and management method where updates to inventory levels are made periodically at the end of a specific accounting period.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Inventory Cost Flow Assumption
An accounting assumption that determines how the cost of inventory is allocated to the cost of goods sold and ending inventory.
Cost of Goods Available
The total cost of goods that are available for sale during a certain period, including goods purchased or manufactured.
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