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Is there a term for putting inventory once obsoleted back on the books?
Inventory adjustment.
What does the term Physical Inventory?
Physical inventory refers to the actual inventory in the warehouse. Inventory refers to completed products, not work in progress or raw materials.
What does the term Physical Inventory represent?
Physical inventory refers to the actual inventory in the warehouse. Inventory refers to completed products, not work in progress or raw materials.
What is the meaning of periodic in the term periodic inventory?
Periodic mean after a period like weekly, monthly, semi anually, quartrly etc.
What Is Meant by the Term Inventory in a organization?
The term \"inventory\" in an organization is the count of product or items. It helps keep track of items going in and out of a particular place.
What do the terms ''MINS'' and ''MAXS'' represent?
The term MINS stands for minimums, while the term MAXS stands for maximums. These terms are typically used to indicate the minimum and maximum levels of inventory to maintain.
What does the term inventory indicate?
The term inventory indicates that a business houses products and services. Inventory can be inefficient because the company is using money to purchase inventory instead of investing it in the company.
Is there a term for putting inventory once obsoleted back on the books?
Inventory adjustment.
What does the term Physical Inventory?
Physical inventory refers to the actual inventory in the warehouse. Inventory refers to completed products, not work in progress or raw materials.
What does the term Physical Inventory represent?
Physical inventory refers to the actual inventory in the warehouse. Inventory refers to completed products, not work in progress or raw materials.
What is the meaning of periodic in the term periodic inventory?
Periodic mean after a period like weekly, monthly, semi anually, quartrly etc.
What Is Meant by the Term Inventory in a organization?
The term \"inventory\" in an organization is the count of product or items. It helps keep track of items going in and out of a particular place.
Is inventory a short term financial asset?
yes
Is inventory an example of a long term asset?
Inventory is usually stocked for short term time period for one to three months so it is a current asset and never be considered as long term asset.
Does short-term investment goes before inventory on the balance sheet?
no
What does MNDK mean?
This is most likely a previous owner's code. Could be an inventory ID, an abbreviation telling him where he got it, the price he paid or value he assigned. It is not a standard numismatic term.
The term inventory indicates?
Merchandise held for sale in the normal course of business
