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Virtual is what is stored in the computer system that the company uses and physical is actually counting parts by hand.

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13y ago
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6mo ago

Virtual inventory refers to products that are listed for sale online but may not actually be in stock or stored in a physical location, whereas physical inventory refers to products that are physically stocked and stored in a warehouse or store. Virtual inventory allows businesses to offer a wider range of products without holding physical stock, while physical inventory involves managing stock levels to meet customer demand.

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Q: What is the difference between Virtual Inventory and Physical Inventory?
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Continue Learning about Physics

Difference between real object and virtual object?

The term virtual object refers to computer simulations of real objects; it could be described as a technological illusion. Reality, in comparision, is what it appears to be. Not only does it look like a chair (for example) but you can actually sit in it. Whereas, a real person does not sit in a virtual chair, although a virtual person can do so.


Using a shift in your body to show the difference between to items is called?

Gesture or physical indication.


What is the difference between the virtual image formed by a convex lens and a concave lens?

A convex lens forms a virtual image when the object is placed inside the focal length of the lens, while a concave lens always forms a virtual image regardless of the object's position. Additionally, the virtual image formed by a convex lens is upright and magnified, whereas the virtual image formed by a concave lens is always diminished in size.


What the difference between the virtual image created by a concave and plane and a convex mirror?

A concave mirror can create both real and virtual images, whereas a plane mirror can only create virtual images. A convex mirror can only create virtual images that are always diminished in size.


Difference between real and virtual focus?

Real focus refers to the actual physical point where light rays converge to form a sharp image, typically inside the camera or lens. Virtual focus, on the other hand, is the perceived point of focus in an image created using post-processing techniques or lens effects, despite the physical focus being elsewhere.

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An inventory variance report shows the difference between previous recorded inventory quantity and correct inventory quantity which is discovered immediately after a physical count. It also reports on the value difference the quantity variances caused.


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Shrinkage is the difference between the stock on the inventory book and the actual physical stock. Shrinkage is also deifned as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock. Shrinkage % is calculated as the difference between the value ( retail price ) of the stock on the inventory book and the value of the ( retail price ) actual physical stock by the retail sales of this volume


What is difference between fixed asset and inventory?

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