"Glencoe Accounting: Real-World Applications & Connections," Vocabulary from Chapter 25

This list focuses on inventories (Unit 5, Chapter 25).

Here are links to all the chapters of Unit 5, Accounting for Special Procedures: Chapter 22, Chapter 23, Chapter 24, Chapter 25, Chapter 26

Here are links to all the units of the first-year accounting textbook published by McGraw-Hill: Unit 1, Unit 2, Unit 3, Unit 4, Unit 5, Unit 6, Appendixes
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Full list of words from this list:

words only definitions & notes
  1. perpetual
    uninterrupted in time and indefinitely long continuing
  2. constant
    uninterrupted in time and indefinitely long continuing
  3. inventory
    a detailed list of all the items in stock
  4. system
    an organized structure for arranging or classifying
  5. terminal
    a device providing access to a computer
  6. periodic
    happening or recurring at regular intervals
  7. specific
    stated explicitly or in detail
  8. identification
    the act of designating something
  9. method
    a way of doing something, especially a systematic way
  10. exact
    marked by strict and complete accordance with fact
  11. average
    the middle value of an ordered set of values
  12. consistency
    uniformity or stability in arrangement, behavior, or quality
  13. principle
    a basic truth or law or assumption
  14. conservative
    avoiding excess
  15. maintain
    have and exercise
Created on Wed Oct 19 17:23:31 EDT 2016 (updated Fri Oct 21 17:34:27 EDT 2016)

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