Examlex
How does WATI categorize assistive technology?
Original Cost
The initial cost of acquiring an asset or service, including all expenses related to the purchase.
Internal Control
Processes and procedures implemented by a company to safeguard its assets, enhance the reliability of its accounting records, promote efficient operations, and ensure compliance with laws and regulations.
Physical Count
A physical count involves manually counting the actual inventory to verify accuracy against inventory records, often used for audit purposes or to correct discrepancies.
Physical Count
The process of manually counting and verifying the quantities of inventory on hand at a specific point in time.
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