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The logistics specialist (LS) is a US Navy enlisted rating that was created on 1 October, 2009 by the merger of the storekeeper (SK) and postal clerk (PC) ratings. [1] It also included the previous functions of the former aviation storekeeper (AK) rating, which was previously merged into the former storekeeper (SK) rating on 1 January 2003.
Inventory may also cause significant tax expenses, depending on particular countries' laws regarding depreciation of inventory, as in Thor Power Tool Company v. Commissioner. Inventory appears as a current asset on an organization's balance sheet because the organization can, in principle, turn it into cash by selling it. Some organizations ...
By contrast, complete inventories are often a regular part of the school library media specialist's job at K-12 institutions, where inventory may be a legal requirement that shows that the libraries are accountable for the money they have spent throughout the year. [5] Checking for lost books and materials can be similarly compared to auditing. [6]
Inventory management is a broader term pertaining to the regulation of all inventory aspects, from what is already present in the warehouse to how the inventory arrived and where the product's final destination will be. [2] This management involves tracking field inventory throughout the supply chain, from sourcing to order fulfilment.
Many accountants in the United States are not certified, particularly those who work in corporate America. They may be referred to as bookkeepers, accountants, junior accountants, staff accountants, senior accountants, or accounting supervisors, depending on their level in the management duties and their position in the corporate hierarchy.
Storekeeper (SK) is an enlisted rating in the United States Coast Guard; until 2009 it was also a United States Navy rating, the most common supply rate in U.S. Navy vs. CS (culinary specialist) and SH (Ship's Serviceman) and very much equivalent to the MOS 92 of the U.S. Army.
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