Examlex
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Ending Inventory
The final value of goods available for sale at the end of an accounting period, calculated based on beginning inventory plus purchases minus cost of goods sold.
Safeguarding Inventory
The actions and practices involved in protecting inventory from loss, theft, or damage.
Restricted Areas
Zones within a workplace or public space that have limitations on access or use, typically for safety or security reasons.
Control Over Inventory
The processes and systems put in place by a business to ensure that its inventory is managed effectively and efficiently, preventing overstock and shortages.
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