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What is inventories?

Updated: 8/21/2019
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9y ago

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  • stock of goods: the merchandise or stock that a store or company has on hand
  • making of inventory: the act or process of making an inventory, or the period of time when this is done
  • list of items: a list of things, especially items of property, assets, or other resources
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Benefits and cost of holding Inventories?

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Frederick Stanley Staples has written: 'The inventories' -- subject(s): Inventories


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ending inventories are verified by comparing purchases and sales. the difference is ending inventories then do a physical count, to make sure that what's on papers are the same compared to the actual inventories on hand.


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Yes


How often does an equipment custodian perform inventories?

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An important part of the process is managing inventories to?

An important part of the process in managing inventories is to maintain items through periodic replenishments preventive maintenance and capital improvements.


Why is it that any accumulation of inventories by firms is not included when measuring GDP?

It does not included because it might be a recounting and because accumulation of inventories by firms might be seen as private investment.