The dictionary meaning of inventory is stock of goods , Ask an Expert

Management Studies

The dictionary meaning of inventory is stock of goods or a list of goods. The word inventory understood differently by various authors. In accounting language it may mean stock of finished goods only. In a manufacturing concern. It may include raw materials work in process and stores etc to understand the exact meaning of the work inventory we may study it from the usage side or from the side of point of entry in the operation

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Business Management, Management Studies

Category:- Business Management
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