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Which of the following is true regarding the OSHA regulations relating to chemicals and substances?
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, often used in cost accounting.
Ending Inventory
The aggregate worth of items on offer at the termination of an accounting cycle.
Beginning Inventory
The value of inventory held by a business at the start of an accounting period.
Inventory Costing Method
Techniques used to assign costs to inventory and cost of goods sold, such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).
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