Advances for inventories refer to funds provided by a buyer to a seller before the actual delivery of goods or services. This financial arrangement is often used to help sellers procure or manufacture products, ensuring that they have the necessary capital to fulfill orders. Such advances can help improve cash flow for the seller while providing the buyer with a guarantee of future delivery. This practice is common in industries where production or procurement processes require significant lead time or investment.
what is benefits of holding inventories
The plural is inventories. The plural possessive is inventories'.
The costs of dormant inventories--goods not immediately convertible into cash
yes
Frederick Stanley Staples has written: 'The inventories' -- subject(s): Inventories
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.
Inventories are those costs the benefits of which has to be taken by company in future time period while payment made already as these are part of future revenue generating activities that's why inventories are assets of company.
yes there are
Yes
Annually
(true or false)advances in technology never depend on advances in science
False. A change in inventories is the difference between the ending inventory and the beginning inventory, not production minus sales.