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Point of sale system (POS system)
item completed
A receipt is produced for two reasons: 1) You have proof that you bought that item there if there is a problem with it. 2) Some systems have a stock control system, so when you checkout with the item, it tells the machine that x1 of that item has left the store.
Microsoft -MGVR
In FIFO inventory valuations the next item you sell is ASSUMED to be the item that has been sitting in inventory for the longest time period. The inventory items I've had in inventory the longest are considered the next ones sold. In essence you're depleting old inventory. In inflationary times the cost of your NEW(or replacement) inventory will be at a higher cost than the inventory you purchased in the past. Thus, if the selling price increases because of inflation you will INCREASE your Net Profit because you are selling the inventory items that cost less. So the advantage is that Net Profit goes up when you use FIFO during inflationary times AND your inventory will be valued at the actual replacement cost. The disadvantages is that if you use FIFO during inflationary times your Net Profit will go up which also means your Tax costs increases. Plus, if the price for the inventory levels off or declines your Net Profit will decline because your Cost of Goods Sold will be higher. It is my understanding that once you commit to a particular inventory methodolgy(LIFO, FIFO, Average) you are committed to that valuation system for at least 5 years.
what are the advantages and disadvantages of line item budgeting
what are the advantages and disadvantages of line item budgeting
system features focus on advantages disadvantages (LIBS) -centered on objectives/nature of expenditure or purchased item/service (1920~30s) -control financial affairs -responsibility for accounting -clear responsibility on accounting -easier control on financing -rigidity -unclear performance/objective of expenditure performance budgeting system (PBS) -classifying business based on functions of business activities -detail business budget=item price*work hour -Truman(1950) -business centered -management centered -clear business goal -flexibility -unclear responsibility on accounting plan programming budgeting system(PPBS) -planning+budgeting -rational allocation of resources -Johnson(1965) planning centered "planningprogrammingbudgeting" -planning+budget -rational allocation of resources -remove barriers between organizations centralization of budget composition -difficulties on conversion work -top-down budget composition
ADVANTAGES: - It can add a simple yet intriguing effect to your item. - It is a simple way of transferring text, patterns or images to your item. DISADVANTAGES: - The carving of the pattern onto the wood can be difficult, as it requires alot of skill and a steady hand! - It can get extremely messy with the use of paint!
Advantages of index numbers include easy comparison of data over time or between different categories, ability to simplify complex data into a single number, and usefulness in tracking trends. Disadvantages may include difficulty in choosing an appropriate base year, sensitivity to outliers, and potential for misinterpretation if not used correctly.
I don't think there is a disadvantage in using promotional gifts. People love freebies and potential clients will surely appreciate this kind of promo item.
The advantages are the it comes in a huge variety of looks and most ceramic tiles are very inexpensive and easily available, glazed ceramic tile also does not stain. The disadvantage is that ceramic tile can crack if hit with a heavy item.
There are many advantages and disadvantages one might expect to receive when completing "Fast Remortgage." The biggest advantage would be that of quickly remortgaging one's item or property.
The first limitation of budgeting is your willingness to stick to the budget. Budgeting is futile and ineffective if you will not use it constantly. Second, is determination to follow the budget. If you can't control your spending, then your budget won't work. Lastly, if you were able to list the correct data into your budget. Missing an account or item will ruin the budget.
Some Advantages of hot glue are…•Quick results/ short drying time• "Reduced waste•Easy dispensing, simple to use, dispensing equipment not complex or expensive" - From glu-stix.comSome Disadvantages Are…•The heat it takes to melt the glue might harm the item being glued•Hot glue can't take much weight and the bond and often breaks
Any Pokemon can be the best depending on how you train it, the level, and the item it's holding. Though legendary Pokemon are more powerful than others, they still have type advantages and disadvantages.
you can scan any item that you find