Examlex
How does organizational culture develop?
Cost of Goods Sold
The financial charges directly linked to the fabrication of products sold by a company, involving both materials and labor input.
Net Income
The profit a company retains after all expenses and taxes have been removed from its revenue.
Inventory
A company's merchandise, raw materials, and finished and unfinished products which have not yet been sold.
Perpetual Inventory Method
An inventory management system where updates are made continuously to record sales and purchases instantly, maintaining constant and accurate inventory records.
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