Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the difference betwn "Inventory" and "Stock".

Answer Posted / pacchu1124

Difference Between Inventory and Stock

• Stock and inventory are used interchangeably which is not correct

• Stock pertains to goods only, both in terms of quantity as well as its monetary value

• Inventory is the sum of stock and assets that include plant and machinery

Is This Answer Correct ?    5 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

EXPAND___________IMF

2214


what is pre settlements and post settlements in Derivatives?

2160


HOW TO MAINTAIN BANK A/C

2090


Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.

6664


how there face in lvbank interview

2069


Expand---------DEP

1955


How you implemented a chargeback system?

2277


What z d diff of accounting principle,accounting standard,accounting rules,accounting procedures,accounting concepts??????

2488


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

2453


EXPAND___________NAC

2097


what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?

2083


is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

2126


What is fixed liabilities

1988


proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario

1526


What is meant by retiring Bill

2006