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poor management in the store, poor records taken when receiving goods

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Norman Ngetich

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5y ago

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What are costs associated with holding stock?

The costs associated with holding stock include storage costs, which cover warehousing and insurance expenses, as well as opportunity costs, where capital tied up in inventory could have been invested elsewhere for returns. Additionally, there are costs related to deterioration or obsolescence, especially for perishable goods, and potential losses from theft or damage. Lastly, there are administrative costs linked to managing and tracking inventory levels.


What are the causes of depreciation?

ANS: i) Physical Causes. Under this classification, we may include-(a) wear and tear due to use(b) deterioration and decay with the passage of time, whether used or not(c) damage and destruction due to an accident like fire, flood, earthquake, mishandling etc(d) depletion of asset.(2) Functional Causes. The following causes may be included under functional causes-(a) uselessness for the present purpose.(b)Obsolescence i.e., due to innovation, invention, change in technique etc.Causes of depreciation may also be classified as internal and external. Internal causes are that arising from the operation of any cause natural to or inherent in the asst itself such as wear an there due to use an depletion. External causes are that arising from the operation of forces outside the asset itself, such as obsolescence and efflux of time.BY ADITYA 2nd SEM


What is the equation of closing stock?

closing stock calculation formula? closing stock calculation formula? closing stock calculation formula? yes how can i do the closing stock calculation?


Is treasury stock the same as capital stock?

Treasury stock is contra of capital stock used by company to purchase own capital stock to reduce the paid in capital.


What is the meaning of closing stock?

opening stock +purchase-sales =closing stock

Related Questions

Which of the causes of the fall of the western roman empire do you think was most significant?

Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.Although there were multiple causes that contributed to the fall of the western empire, in my opinion the most significant was the deterioration of the army.


What are the causes of veld deterioration?

i dont knw,nd a clue


What is physical deterioration?

The Change in volume of structure due to temperature variation,freezing and thawing,unexpected deformations cracking etc.,causes physical deterioration.


What causes deterioration of fruit liqueurs?

Please don't ask this type of questions....I have no answer..


What are some causes of blindness?

old age, deterioration, and birth defects are the most common.


How can a manager prevent stock deterioration?

A manager can prevent stock deterioration by implementing effective inventory management practices, such as regularly monitoring stock levels and conducting audits to identify slow-moving items. Additionally, utilizing first-in, first-out (FIFO) methods ensures older stock is sold first, reducing the risk of obsolescence. Providing training to staff on proper handling and storage techniques can also help maintain product quality. Finally, forecasting demand accurately and adjusting purchasing strategies accordingly can prevent overstocking and deterioration.


What has the author Paulo Mora written?

Paulo Mora has written: 'Causes of deterioration of mural paintings'


What were the key components of the urban crisis?

Key components were intensification of poverty, deterioration of older housing stock, and persistent racial segregation.


How can a stores manager prevent deterioration of stock held in Stores?

manager has to check the stocks and know which one has the close explaining date


What is are the factors that cause stock deterioration?

Stock deterioration can be caused by several factors, including poor company performance, such as declining revenues or profits, which can erode investor confidence. External factors like economic downturns, changes in industry regulations, or increased competition can also negatively impact stock prices. Additionally, negative news or events, such as scandals or management changes, can lead to a loss of trust among investors, further driving down stock value. Lastly, broader market trends and investor sentiment can significantly influence stock performance.


Wind and water are important causes of what?

-- Structural deterioration.-- Stunted vegetation.-- Soil erosion.-- 'Weathering' of rock and land forms.


What is the importance of stock rotation of materials?

Stock rotation of materials is important to ensure that older stock is used before newer stock, preventing expired or obsolete materials from being wasted. It also helps to maintain product quality by preventing deterioration or spoilage of goods. Additionally, stock rotation can improve inventory accuracy and minimize the risk of stockouts.

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