inventory item

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  • noun

Words related to inventory item

an item listed in an inventory

References in periodicals archive ?
On inventory items, you'll see invoice transactions under both income and COGS accounts.
The court noted that "if factors other than inflation enter into the cost of inventory items, a reliable index cannot be computed.
As noted above, there are two categories of hot assets that trigger ordinary income upon the disposition of a partner's interest: unrealized receivables and inventory items.
Most of the puzzles are based on finding or combining the right inventory items.
3 million in cash, plus an additional amount for certain inventory items.
The site amounts to an online and always up-to-date version of the computer seller's major inventory items, complete with extensive descriptions of each product and information about whether it is in stock, what it costs, etc.
This new application allows multiple manufacturers, distributors, suppliers and retailers the ability to electronically post their inventory items by vertical in Intelligentz' Inventory Data Servers (IDS).
If the error was continued over the life of the inventory pool, the total gain reported from the sale of inventory items would be correct.
Whereas Xtivity's service helps companies optimize inventory purchasing, so they never again purchase inventory items that will become surplus in the future.
ChannelAdvisor's infrastructure housed over 18 million active inventory items globally
Generally, its non-LIFO inventory items experienced deflation rather than inflation.
What makes xIO unique is its ability to calculate accurate Order Points and Order Quantities for both frequently used and sporadic-use MRO inventory items.
The objective of the auditor's test is to determine whether the client has counted the inventory accurately, not to determine the correct amount of inventory items.
Because inventory costing systems at that time were less sophisticated, the averaging process took place infrequently; in periods of rapidly increasing prices, an averaged cost for ending inventory items could be lower than any cost incurred during the current year.
CPAs can help identify the incremental tax cost of holding inventory items and thus provide inventory planners with the information they need to make cost-efficient decisions.
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