Inventory

Inventory

A company's stock of unsold finished and unfinished products, raw materials and other goods used in production.

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Part of Speech: noun
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Industry/Domain: Accounting
Category: Auditing
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Related terms

inventory

Retail; Supermarkets

Stock-on-hand. An analysis of inventory in the store which provides the company with valuable information regarding shrink, inventory level and management performance.

inventory

Professional careers; Sales

Finished goods stored in a warehouse.

inventory

Accounting; Auditing

A company's stock of unsold finished and unfinished products, raw materials and other goods used in production.

inventory

Telecommunications; General telecom

The term "inventory" refers to all telephone numbers distributed, assigned or allocated.

inventory

Advertising; Online advertising

This term refers to the amount of ad space available on a website.

inventory

Software; Virtualization

A hierarchical structure used by the vCenter Server or the host agent to organize managed entities. This hierarchy is a list of all the monitored objects in vCenter Server.

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Accounting; Auditing

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Accounting; Auditing

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segregation of duties

Accounting; Auditing

means assigning different people the responsibilities of authorizing transactions, recording transactions, and maintaining custody of assets. Segregation of duties reduces the ...

revenue cycle

Accounting; Auditing

The portion of a company that fills customer orders, accounts for receivables, and collects those receivables.

self-checking digit

Accounting; Auditing

An extra digit is added to a number. The extra digit is computed from the other digits in the number. The computer program can then check input by recomputing and comparing the ...

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Accounting; Auditing

To examine again. The overall review of audit documentation is completed after field work. A peer review is a practice monitoring program in which audit documentation of one CPA ...

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