Examlex
Design patents are valid for how many years?
Merchandise
Goods that are purchased for resale to customers in the normal course of business operations.
Inventory Shrinkage
The loss of products between purchase from suppliers and sale to customers, often due to theft, damage, or clerical errors.
Operating Expense
Costs associated with the day-to-day operation of a business, including rent, utilities, and salaries.
Physical Count
The process of counting the actual inventory on hand to ensure accuracy in inventory records.
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