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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