A form of shrinkage called occurs when inventory cannot be used or sold at full value, owing to model changes, engineering modifications, or unexpectedly low demand.

A form of shrinkage called obsolescence occurs when inventory cannot be used or sold at full value, owing to model changes, engineering modifications, or unexpectedly low demand.

Any loss that occurs in an inventory or stock in a business that occurs due to the theft by employees, error in administration, fraudulent act of vendors, store damage, errors by cashiers, etc. The difference that occurs in the inventory that is recorded in the balance sheet of a company and the actual inventory is the shrinkage.

This will ultimately result in the money loss and must be carefully evaluated.  When an inventory cannot be sold for the value with which it was bought or cannot be used further by a business because of some less demand or cannot be changed for another usage then the type of shrinkage that arises will be known as an obsolescence.

according to hess's theory, when the magma cooled, it would expand and push the tectonic plates apart. it would push the north and south america plates to the west and eurasia and africa ones to the east. the atlantic ocean would get wider but the coastlines of the masses would stay the same.

harry hammond hess was a geologist and a united states navy officer in the second world war. he is considered to be one of the founding fathers of the theory of plate tectonics. he is known for his theories on sea floor spreading, stating that the movement of the continents was the result of see floor spreading. the continents are attached to the plates and do not move separately. the plates themselves shift and change shape, carrying the continents along.

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