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Quotes of the day:
Old is gold, but new is platinum.
The Value Reporting Form is an insurance report used to provide the information necessary for a variable coverage amounts needed by a business which holds irregular inventories throughout the year. The irregular inventory may be differences in the quantity, quality, specific items held. The Value Reporting Form periodically reports the values of this shifting stock to the insurance provider. The insurer, in turn, adjusts the amount of coverage to reflect the value of the current inventory. Using a value reporting form can help the company avoid being over- or underinsured. You may also see this form under the name of a Stock Reporting Form.
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