ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
ACCRUED INVENTORY Definition
ACCRUED INVENTORY functions as a "clearing" account to establish a liability for inventory physically received into the warehouse, but for which a vendor invoice had not yet arrived.
Learn new Accounting Terms
OPEN INFLATION means that prices are rising on consumer goods and services.
ET is Earliest Time.