INVENTORY SHRINK Definition

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INVENTORY SHRINK, as used in retail, is reduction in physical inventory caused primarily by shoplifting and employee theft.

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LESSEE is the party to whom the possession of specified property has been conveyed for a period of time in return for rental payments.

DATA FIXATION, in behavioral accounting, is a compulsive preoccupation to focus only upon the numbers without looking beyond for the meaning behind the results themselves.

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