Examlex
An intranet is a system for linking computers within a company.
Work In Process Inventory
Refers to the inventory that has begun the manufacturing process but is not yet completed.
Processing Department
A division within a manufacturing facility where a specific operational task or series of tasks is performed to convert raw material into finished goods or semi-finished goods.
Job Order Cost Cards
Documents used to record and track the materials, labor, and overhead costs assigned to individual jobs or batches in production.
Perpetual Inventory Accounts
An inventory tracking system where updates are made continuously as transactions occur, providing a real-time view of inventory levels.
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