define inventory
Answers were Sorted based on User's Feedback
Answer / kalyani
A detailed, itemized list, report, or record of things in
one's possession, especially a periodic survey of all goods
and materials in stock.
The process of making such a list, report, or record.
The items listed in such a report or record.
The quantity of goods and materials on hand; stock.
An evaluation or a survey, as of abilities, assets, or
resources
| Is This Answer Correct ? | 10 Yes | 0 No |
Inventory is commonly called as stock, stock means the
goods held by the business for being resold to customers.
stock consist of raw materials, semi finished goods,
finished goods.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / bhasker
inventory is nothing but stock, stock of rawmaterials, and
good in semifinished form stored in the wearhouse.similar
to that of a stock is called as an inventory
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / subhankar sarkar
Inventory is a stock which lies between manufacturing and
end user, there are few area where the stock exist as
manufacturer end, Distributer end,wholeseller end and also
retailer end.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / mohan
The storage of raw material,in process parts,and completed manufactured products.Excess inventory is considered as waste
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / mk reddy
inventory is nothing but ware house or manufacturing plant.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / dharmender
invntory is process of finished
goods,rawmatirials,workingprogress.
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / prashanthkumar a c
inventory includes stocks of finished goods as well as raw
stocks or raw materials
| Is This Answer Correct ? | 0 Yes | 3 No |
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