CONTROLLER Definition

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CONTROLLER is usually an experienced accountant who directs internal accounting processes and procedures, including cost accounting.

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STOCKOUT is running out of inventory, e.g. the demand or requirement for an item(s) cannot be fulfilled from existing inventory.

EBITDA means Earnings Before Interest, Taxes, Depreciation and Amortization, but after all product / service, sales and overhead (SG&A) costs are accounted for. Sometimes referred to as Operational Cash Flow.

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