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Zero Inventory System
A zero inventory system is a just-in-time inventory strategy where goods are ordered and produced only as needed. It reduces storage costs and waste but requires precise demand forecasting and supplier reliability. Accountants monitor it closely to track cost savings and manage risks.
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Zero-Coupon Bond
A zero-coupon bond is a debt security that doesn’t pay periodic interest. Instead, it’s issued at a discount and matures…
Zero-Based Budgeting (ZBB)
Zero-based budgeting is a method where every expense must be justified for each new period, starting from a zero base.…
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