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What is inventory
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Answer / sanmilan
Inventory in a Manufacturing Company relates to ‘Stock in
Hand’ at any Particular Date which could be of Finished,
Semi Finished or unfinished which can be treated as Current
Assets. High accumulation of Inventory is always risky since
it indicates locking up of Funds. So it should always be at
a reasonable level
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Answer / navjeet singh
inventory is goods produced by the company but being stored in the store room. means lying vacant not sold. inventory are current assets as they will fetch the company cash when sold.
| Is This Answer Correct ? | 3 Yes | 0 No |
Inventory is the record of stock keeper for all goods in the
stock in terms of business period
regard
ramazan ali haidary
afghanistan
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Answer / manjunath
In manufacturing units inventory means unsold goods or
physical stock in stock yard and it is current asset for
particular company.
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