INVENTORY VALUATION is the process of assigning a financial value to on-hand inventory, based on standard cost, first-in, first-out (FIFO), last-in, first-out (LIFO), average list price or other method. The method used is determined by a requirement to meet legal or other standards specified by a third party, or by an operational measure found to be useful in analyzing inventory positions.
CASH-CARD is a credit card that entitles the holder to receive cash.
NET, in general, is the figure remaining after all relevant deductions have been made from the starting, or gross, amount.
Enter a term, then click the entry you would like to view.