Various inventory control methods exist. For the small business, the inventory control method used has a major impact on the business's cash flow and operational cost. Whatever inventory control ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Thomas J. Brock is a CFA and CPA with more than 20 years of ...

For most kinds of business, expenses break down into product cost -- including inventory -- and period cost. If you run a business, distinguishing between types of inventory, other product costs and ...