Examlex
The cost is typically about 30-40% of a person's salary to recruit a replacement.
Periodic Inventory System
An inventory accounting system where the inventory level is updated and the cost of goods sold is calculated at the end of a period, rather than after each sale.
Purchases Account
An account used in accounting to record the total cost of goods bought for resale during an accounting period.
Freight In
The cost of transporting goods into a business, usually included in the cost of inventory.
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