Examlex
Which of the following is a highly popular technique for creating a data model with which the developers describe the content of a database by defining what is to be stored in the database and the associations among them?
FIFO
"First In, First Out," an inventory valuation method where goods first added to inventory are the first ones to be used or sold.
LIFO
Last In, First Out, an inventory valuation method where the last items placed in inventory are the first to be used or sold.
Inventory Control
The supervision of the supply, storage, and accessibility of items in order to ensure an adequate supply without excessive oversupply.
Petty Cash Voucher
A document used to record and authorize the use of cash from a petty cash fund for small, immediate expenses.
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