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_____ Pool Funds from Private and Institutional Sources and Invest

question 72

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_____ pool funds from private and institutional sources and invest them in businesses with strong growth potential.


Definitions:

Perpetual Inventory System

A system for managing inventory accounts that automatically updates the sale or purchase records using computerized point-of-sale technology and software for enterprise asset management.

Merchandise Inventory

The total value of a company’s goods that are available for sale to customers, comprising both raw materials and finished products.

Trade Discounts

Discounts from the list prices in published catalogs or special discounts offered to certain classes of buyers.

List Prices

The pre-discount price at which goods and services are listed to be sold to customers.

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