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Inventory compilation is used by a company when reconciling physical inventory with perpetual inventory records and consists of the following procedures: counting the physical inventory, correctly summarizing the quantities, extend prices times quantities, and foot the extensions. Totals should agree with the amounts recorded in general ledger.

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What is meant by compilation?

Inventory compilation is used by a company when reconciling physical inventory with perpetual inventory records and consists of the following procedures: counting the physical inventory, correctly summarizing the quantities, extend prices times quantities, and foot the extensions. Totals should agree with the amounts recorded in general ledger.


What is meant by compilation and interpretation?

compilation - to compile interpretation - to interpret


What is meant by purge inventory?

Purging inventory is a specific way to maintain your business efficiently. This is basically going through and getting rid of old, unwanted, or missing merchandise from your inventory sheet.


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.


When two pieces of CUI or other unclassified information are poted on line together and results in disclosure of classified information?

Declassification


What is meant by computer inventory management?

A computerized inventory system allows a business to catalog their inventory electronically, instead of keeping a cumbersome paper inventory system. This would be especially handy for a business that has multiple warehouses of inventory.


What album did pat Boone sing edelweiss on?

On rare Dot compilation "Pat Boone Hi-Lites". It appears it was meant for the japanese market.


What is meant by inventory of resources?

a list or database of resources-whatever these are ie staff,goods,buildings etc


What is meant by periodic review system?

a system for placing orders of varying sizes at regular intervals to replenish inventory up to a specified or target inventory level. A periodic inventory review system sets a specific re-order period, but the re-order quantity can vary according to need. The quantity re-ordered is calculated by subtracting existing inventory and on-order inventory from the target inventory level.


What part of speech is the word compilation?

Compilation is a noun.


What is meant by inventory valuation?

it will be like inventory at shop. shopkeeper keep on rotating his shop inventory after its safety stock goes down(by ordering ). doing this he is rotating the inventory and generates sales. if shop has 100 articles . if he rotates 50 articles thrice a week and 10 times in month. better is the profit generation.


When two pieces of CUI or other unclassified are posted online together, or attached together in an email, and result in disclosure of classified information, this is known as?

Compilation

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