Accountancy, asked by kabigfan, 3 days ago

what is stock (inventory) ?

Answers

Answered by sahilgyan72
1

Explanation:

Inventory or stock refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilisation. Inventory management is a discipline primarily about specifying the shape and placement of stocked goods

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Answered by aferoz234
0
Inventory is any item/commodity purchased by the business with the intention to resale it. Inventory is considered as a current asset of the business.
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