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What led to the formation of the "plumbers" by the Nixon White House?
Inventory Shrinkage
The loss of products between purchase from supplier and sale to customer, often due to theft, damage, or errors.
Merchandise Inventory
Goods a business intends to sell to customers, held as part of a company's current assets.
Physical Count
The process of manually counting the actual inventory on hand to verify quantities and condition.
Periodic Inventory System
A method of inventory valuation where updates to the count are made on a periodic basis, typically at the end of an accounting period.
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