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Inventory Accounting |
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Inventory Accounting A branch of accounting that values the inventory of companies. Inventory accounting may (or may not, depending on the tool being used) increase an inventory's value if its market price increases or if its carrying costs are low. On the other hand, it may (or many not) decrease the value if its depreciation is high or if the inventory is becoming obsolete. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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