Examlex
MATCHING
-a very small network that typically extends to 10 meters or less
Cost Of Goods Sold
An expense representing the total cost of materials and labor required to produce goods that have been sold in a given period.
Inventory
Assets in the form of materials, work-in-progress, or finished goods held by a company to be sold in the ordinary course of business.
Perpetual Inventory System
An inventory management approach where updates to inventory records are made immediately following each transaction.
Cost Of Goods Sold
The direct monetary charges for materials and labor involved in the creation of goods a business sells.
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