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A ________ System Performs All the Functions of a Traditional

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A ________ system performs all the functions of a traditional cash register and maintains an up-to-the minute inventory count.


Definitions:

Measuring Performances

The process of assessing the execution and outcomes of activities by an individual, team, or organization against predetermined standards or objectives, rephrased from "Performance Measures."

Fiscal Results

The financial outcomes of a company's operations over a specific period, indicating profitability and financial health.

Inventory Shrinkage

The loss of products between purchase from a supplier and sale to the customer, often due to theft, damage, or administrative errors.

Managerial Policies

Guidelines, rules, and procedures established by an organization's management to dictate and guide decision-making and operational practices.

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