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What is the difference between stock and inventory?
Stocks (aka Equities): Stocks represent partial ownership of a corporation. If the corporation does well, its value increases, and you share in the appreciation. However, …if the corporation goes bankrupt, you can lose your entire initial investment. Bonds (aka Notes): Bonds represent a loan you make to a corporation or government. For example, you can buy a US Treasury bond for $100, and get a guaranteed interest rate for 5-years, and can expect to get your $100 back at the end of that 5-years plus interest. Your risk is repayment of the principal (amount invested). Because loaning $100 to the U.S. government is much less risky than loaning $100 to the Brazilian government, U.S. government bonds pay a much lower rate of interest ("coupon") for borrowing your money. Stocks and Bonds .... How do they differ Stocks are EQUITY. They represent shares of ownership in a Corporation. A Stockholder is actually one of many owners of a Publicly Owned Corporation. If a Corporation dissolves for any reason owners of Common Stock (the main type of stock issued) receive the value of the sold assets of the Corporation AFTER everyone else is paid, including the IRS, Employees, Bonds, Accounts Payable, etc. Bonds are DEBT. They are sold by the Corporation in order to raise money for various purposes for use by the company. Bonds offer an interest rate to the Bondholder for the period of time that the Bondholder owns the bonds. Since bonds do not represent ownership, the bondholder could lose their investment if the Corporation dissolves, but are paid BEFORE owners of stock. When you buy either bonds or stock, you pay money now with the possibility of getting more money later. But a bond represents a debt--the company that issued the bond owes you money to be paid when the bond is redeemed. A stock represents ownership. As a stockholder, you become a part owner of the company. Stocks, compared to bonds, have which of the following characteristics? (Apex)----- A. No guarantees /
Periodic inventory method calculate ending stock at the end of the accounting period, which could be Month to Date or Year to Date, while Perpetual inventory system calcul…ates the ending stock on a continuous basis after each transaction (Purchase or Sell). Within Retail industry, periodic inventory method used for inventory valuation at the stores, whereas distributer like SuperValu (in US) follows perpetual inventory method to track inventory in their distribution centers. As a best practice, some of the retail companies are using perpetual accounting method to track inventory available in warehourses and distribution centers. In an idealistic world, perpetual inventory method can provide the true and real time inventory information, however due to complexities in consolidating all the purchases, sales, shrinkages and other market factors, it is advisable for retail companies to follow periodic accounting method to analyze and review the results before presenting the inventory valuation results to internal and external agencies like Shareholders, Income Tax Authorities, et el.
An independent demand is a demand that is not based on the demand for another item while a dependent demand is based on the demand for another item. For example, the d…emand for chairs of a table and the table itself is based on the demand for the table. The table in this example is the item with independent demand. Knowing this, one can forecast an independent demand while dependent demands are calculated based on the independent demand item. Business to business independent demands tend to be demands for such items as capital goods, office supplies, MRO (maintenance, repair, and operating) items, and anything else for which the dependency is unknown. Independent demands are usually handled with standalone purchase orders, although some items might be covered by contractual relationships such as volume, price and other agreements.
Hope this helps... Periodic Inventory System Perpetual Inventory System Inventory account and cost of goods sold are non-existent until the ph…ysical count at the end of the year. Account and the balance of costs of goods sold and inventory account exist all the time. Purchases account is used to record purchases. No individual purchases account but the purchases are recorded in the Inventory Account. Purchase Return account is used to record Purchases Returns account. No individual Purchase Returns account but the purchases return are recorded in the Inventory Account. Cost of goods sold or cost of sale is computed from the ending inventory figure Record cost of goods sold/cost of sale - inventory is reduced when there is a sale. For goods returned by customers there are no inventory entries. Returns from customers are recorded by reducing the cost of goods sold and adding back into inventory.
In-process inventory Inventory need for the ongoing process and kept at a level that production will not be affected. Safety stock inventory Inventory… kept for emergencies, or as a buffer for a sudden a surge in demand. Seasonal inventory Inventory that is only needed for one season, after which it is sold off or stored off-site.
Stock inventory is the total items with the person who is doing business. Stock means the goods which are with one when one is selling items or goods. Inventory means all the …goods including one's own assets.
They are both examples of surveys. Generally a questionnaire asks questions, often requiring relatively simple answers, sometimes using a rating scale, sometimes just true or …false. Inventories often list skills or characteristics that may be rated or chosen and often commented upon. A questionnaire is a form containing a set of questions, especially one addressed to a statistically significant number of subjects as a way of gathering information for a survey. An inventory is more of a detailed, itemized list, report, or record of characteristics, skills, interests, etc.
"Inventory Control" focuses on the process of movement and accountability of inventory. This consists of strict polices and processes in regards to: · The physi…cal and systemic movement of materials · Physical Inventory and cycle counting · Measurement of accuracy and tolerances · Good Accounting Practices "Inventory Management" focuses on inventory as an asset or an instrument of value creation. Inventory is managed to maximize value, exposure, and/or profit while minimizing cost and spend. This consists of: · Product smoothing and leveraging · Selective product placement · Velocity and turns calculation development · Inventory reduction and product rationalization · MRP
Periodic is what most small businesses use. Once a year, or whenever (periodically), a count is done, and that is how inventory levels are accounted for. When goods are purcha…sed, the purchase price (the cost of the goods) is just dumped straight into a COGS account, rather than into an inventory (asset) account as happens with perpetual inventory (which moves the cost of goods from inventory (asset) to COGS when a sale occurs). Perpetual Inventory is continually monitored (the word perpetual means continual), so at any given time you can tell how much of each item you have on hand, because you are tracking every stock movement in real time. Companies that have RF scanners etc. are able to do this fairly easily with the technology. With periodic, you just do a count and adjust the levels through your accounting system, with the difference in sales of the item and actual levels on hand, being allocated as "shrinkage" (expense). Sure, there's variations on that (like shrinkage being a COGS account), but that's basically it. Perpetual allows you to know what you have on hand at all times, while periodic relies on physical counts.
Inventory is a control which establishes optimum levels of stocking of materials and equipment for a particular process. It establishes a record keeping system to record the l…ocation, present quantity, and minimum and maximum stocking level of each item held in inventory. When a minimum stocking level is reached, the item is reordered; the maximum stocking level determines how many units are ordered. The process of ordering materials is usually a function of a separate department called Purchasing. Inventory control is necessary in retail sales, wholesale sales, in manufacturing, and construction, where such materials are time critical and need to be available at the moment of request. Warehousing is a control which manages and maintains the storage area for the inventory. It assures that storage space is available for each item of inventory, that there is a mechanisim in place for efficiently transporting stored materials into and out of the warehouse or storage area, and that there is an identified space for each stored item.
These are some differences in the general cases. FINISHED PRODUCT INVENTORY | RAW MATERIAL INVENTORY / Usually there is no lead time | Usually there is a lead time / Quantiti…es reach the inventory individually or by groups | Quantities reach the inventory all together / The holding cost is greater than the holding cost for the raw material inventory | The holding cost is less than the holding cost for the finish product inventory / production starts if the inventory is empty | production stops if the inventory is empty / Usually is smaller in size than the raw material inventory | Usually is bigger in size than the finish product inventory / Quantity size depends on the demand | Quantity size depends on the production / production stops if the inventory is full | production starts if the inventory is full / Excess quantity in the inventory means marketing methods need to be improved | Excess quantity in the inventory means manufacturing methods need to be improved / production quality can be measured in these inventory | production quality can not be measured in these inventory
Inventory include materials, loose tools and finished products of an enterprise. Warehouse is the place for keeping the inventory for future use.
A phonemic inventory is an inventory of all the distinctive sounds (or phonemes in a given language. A phonetic inventory describes the inventory of all speech sou…nds, regardless of whether or not the sounds are produced correctly relative to the language. So for example, if you're analyzing a person's phonemic inventory of consonants, you would analyze whether the child produces /t/, /k/ and /b/ but you don't analyze whether /t/ is produced for top, /k/ for kite and /b/ for ball. So it's good for articulation assessments. If you're analyzing a person's phonemic inventory, you would see if the child says 'kop' instead of 'top'.
Virtual is what is stored in the computer system that the company uses and physical is actually counting parts by hand.
To my opinion Inventory coordinator is a person who monitors the material movement from one place to another (intransit stock monitor) untill it reaches from source to destina…tion AND Inventory analyst is a person who take the physical stock of inventory and places the order or prepare a report/decision that which inventory to be sent or to be received. Also ageing of the stock etc.
A regular stock is one that has proven itself and has grown much past the micro-cap stage. They are on an exchange like NASDAQ and as a company are worth much more than a micr…o-cap company (penny stock). It's good to know that Penny stocks do not move with the over all general direction of the markets, but move based on what's happening with itself etc., demand for the stock, or recent company news. Penny stocks could offer greater gains than bigger name stocks because they have the most upside and potential for grow, but with this comes with risk, because any new venture is much more open to failure than one that has already proven itself. The best way to find these hot penny stocks is to join a newsletter service that does the research for you. This is the only good way that I know of. They're very friendly and informative.
Stock is the goods or items held by a business (shop, warehouse, factory, etc). An inventory is a list of the stock held by the businesses listed above.