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JSS3: BUSINESS STUDIES - 1ST TERM
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Office Procedures | Week 1 & 23 Topics|1 Quiz
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Imprest Account | Week 32 Topics|1 Quiz
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The Role of Wages and Salaries Unit | Week 43 Topics|1 Quiz
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Store Records | Week 54 Topics|1 Quiz
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Office Equipment | Week 63 Topics|1 Quiz
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Advertising | Week 73 Topics|1 Quiz
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Transport | Week 86 Topics|1 Quiz
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Communication | Week 94 Topics|1 Quiz
Lesson 4,
Topic 3
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Importance of Stock-taking
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Topic Content:
- Definition of Stock
- Importance of Stock-taking
Definition of Stock:
Stock refers to the supply of goods available for sale or distribution. Stock-taking is the physical counting and verification of items, a business has in its store, warehouse, or outlet.
Stock-taking can be done daily, weekly, monthly, quarterly, or even yearly, depending on
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