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Acronymfinder

What does API stand for?

API stands for Annual Physical Inventory


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 630 other definitions for API in our Acronym Attic

Samples in periodicals archive:

In addition, when WJC reconciles the annual physical inventory to its perpetual inventory records, it should verify that all required information is listed for its fixed assets and update all listings with missing information.
For instance, the annual physical inventory verification of the Wylfa magnox reactor in north Wales revealed "the absence of an irradiated fuel element.
Accuracy of inventory counts is now up to a level where the division has been able to replace an annual physical inventory with a cycle-counting system.
Such risk factors include, but are not limited to, changes in economic conditions that affect consumer spending, changes in the competitive environment, changes in accounting rules and regulations, year-end audit adjustments and the results of the Company's annual physical inventory.