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Diversification of a portfolio
Materials Ledger
A detailed record tracking the quantity and cost of materials on hand.
Finished Goods Ledger
A ledger that records the costs associated with the manufacturing and production of goods that are completed and ready for sale.
Stock Ledger
A record keeping system that tracks the issuance, transfer, and ownership of a company's stock shares.
First-In, First-Out
An inventory valuation method where the first items purchased or manufactured are the first to be sold, impacting the cost of goods sold and inventory valuation.
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