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periodic inventory

Noun CEFR B2

Definitions

A system of assessing a business' inventory in which updates are made on a periodic basis, so that a completely accurate account is only available immediately after the update.

Equivalents

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CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

periodic law periodic month periodic sentence periodic structure periodic table Periodical

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