Examlex
The structural-functional perspective of education tends to concentrate on how educational institutions:
Obsolete Inventory
Inventory that is no longer sellable because it is out of date, out of fashion, or has become technologically redundant.
Unusual
Refers to events or transactions that are infrequent, unexpected, or uncommon in the normal course of business operations.
Infrequent
Occurring or happening rarely or at wide intervals.
Extraordinary Item
An unusual or infrequent event that is not part of the normal activities of a business and must be reported separately in the financial statements.
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