Day 12 - Introduction to Chapter 6:
Review how to and practice taking notes (for learning, not for doing).
- 4P3R
- Preview
- Prior Knowledge
- Predictions
- Purpose
- Read and Write
- Reread and Revise
- Review
Things you should know:
- control of inventory
- PO
- receiving report
- invoice
- subsidiary ledger
- controls
- physical inventory
- cost flow assumptions
- specific ID
- FIFO
- LIFO
- Average Cost
- perpetual inventory system
- FIFO
- LIFO
- Average Cost
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