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The law of wrongful dismissal
Perpetual Inventory System
An inventory system that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Inventory System
A method of tracking the quantity, type, and value of products or materials a company has in stock.
Single-step Income Statement
A simplified income statement format that calculates net income by subtracting total expenses from total revenues in a single step.
Periodic Inventory System
A method of inventory valuation for financial accounting purposes where a physical count is performed at specific intervals to determine the ending inventory balance and the cost of goods sold.
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