Examlex
Explain how IEP teams might consider and select assistive technology for individual students.
FOB Shipping Point
A shipping term indicating that a buyer assumes ownership and responsibility for goods at the seller's location, and thus is responsible for freight costs and any associated risks during transportation.
Inventory Writedown
An accounting process that reduces the carrying value of inventory to its market value or below, reflecting decreased value in the asset.
Net Realizable Value
The estimated selling price of goods, minus the cost of their sale or disposal, used in inventory valuation and accounts receivable.
FIFO
An inventory valuation method known as "First-In, First-Out," where goods purchased or produced first are sold or used first.
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