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Special Exercises
The following matching questions have to do with the use of motivation by the management of a fast-food restaurant.Match the following.You may use a response once,more than once,or not at all.
-The management wants to motivate Bobo.The manager enables Bobo to set goals and make decisions.
Physical Movement
The actual transfer or change in location of goods, which can be relevant in the management of inventory and supply chains.
Perpetual System
An inventory system that continuously updates the balance of inventory after each purchase or sale.
Average Cost Formula
An inventory costing method that assigns the average cost of goods available for sale to both ending inventory and cost of goods sold.
Net Realizable Value
The estimated selling price of goods minus the cost of their sale or disposal, essentially the net value obtainable.
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