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单词 inventory value
释义

inventory value

Definition
Determination of the cost of unsold inventory at the end of an accounting period. Inventory is valued usually at cost or at the market value, whichever is lower. The four common valuation methods are first-in, first-out (FIFO), last-in, first-out (LIFO), average cost (AVCO), and specific identification.
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更新时间:2025/3/10 5:57:03