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How many types of inventories are there for a company ?
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Answer Posted / h.r. sreepada bhagi
In a manufacturing Company:-
1. Raw Materials 2. packing Materials 3. Work-in-process 4.
Finished Goods and 5. Stores and Consumables
In a trading or retail company:-
1. Trading Goods
Type of stock vary from industry to Industry like Agro
Industries, Live stock companies, Poultry Industry, Mining
Industry and so on.
It is specific to the industry to which the company belongs.
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