What is the inventory and inventory value

Question

Accepted Answer

Inventory refers to the list of goods or materials held by a business for sale or production.

Inventory includes both finished goods and raw materials.
Inventory value is the monetary worth of the inventory at a specific point in time.
Inventory is an important aspect of managing supply chain and ensuring customer satisfaction.
Examples of inventory include clothing in a retail store, ingredients in a restaurant, or spare parts in a manufacturing plant.

Accepted Answer

Meaning off Inventory:: inventory is a record off all the Products.

Value off inventory:: All the products are set in proper location with perfect Quantities and product code with name

After than No problem in Any Products verifying Quantities and product code and location

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