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  2. FIFO and LIFO accounting - Wikipedia

    en.wikipedia.org/wiki/FIFO_and_LIFO_accounting

    The difference between the cost of an inventory calculated under the FIFO and LIFO methods is called the LIFO reserve (in the example above, it is $750, i.e. $5250 - $4500). This reserve, a form of contra account , is essentially the amount by which an entity's taxable income has been deferred by using the LIFO method.

  3. Why do businesses require a signature for credit card ... - AOL

    www.aol.com/finance/why-businesses-require...

    If signatures are required, cardholders sign a receipt after a purchase, and the merchant or retailer compares the signature on the receipt to an official signature on the back of the credit card.

  4. Cost of goods sold - Wikipedia

    en.wikipedia.org/wiki/Cost_of_goods_sold

    Cost of goods sold (COGS) (also cost of products sold (COPS), or cost of sales [1]) is the carrying value of goods sold during a particular period. Costs are associated with particular goods using one of the several formulas, including specific identification, first-in first-out (FIFO), or average cost. Costs include all costs of purchase ...

  5. 12 Items To Buy on Amazon To Make Moving to a New Home Easier

    www.aol.com/finance/12-items-buy-amazon-moving...

    Moving to a new home is an exciting time, but moving can also quickly get expensive. One of the best ways to save money on your moving costs is to move as many of your items as possible yourself ...

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  7. Inventory management software - Wikipedia

    en.wikipedia.org/wiki/Inventory_management_software

    When a product is in a warehouse or store, it can be tracked via its barcode and/or other tracking criteria, such as serial number, lot number or revision number.Systems for Business, Encyclopedia of Business, 2nd ed. Nowadays, inventory management software often utilizes barcode, radio-frequency identification (RFID), and/or wireless tracking technology.

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