Question

inventory is a ____ concept where as the change is in inventory is a ____ concept. a) block,flow
b)flow,stock
c)stock,stock
d)flow,flow ​

Answer 1

Answer:

your answer will be flow concept

Answer 2

Complete Question:

Inventory is a ............ concept whereas the change in inventory is a ............. concept.

a. stock, flow

b. flow, stock

c. stock, stock

d. flow, flow​

Answer:

Inventory is a stock concept where as the change is in inventory is a flow.

Explanation for the answer:

• A Stock concept is s state of the economy measured at a given point in time.
• A flow concept is a quantity measured over a specific period.
• Inventory is an item, stock, or material which is held by the company and sold in the market for the purpose to earn more profit.
• That's why, inventory is considered as a stock concept and the change in the value of inventory is considered as a flow concept as it varies from time to time.
• Hence, the correct answer is option a) stock, flow.

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