Inventories are unwanted when expenditures are too low to keep pace with inventories. Therefore the right choice is option D
- The products and supplies that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock.
- The main focus of the discipline of inventory management is determining the location and form of stored products.
Which four sorts of inventory are there?
- Raw materials, work-in-progress (WIP), finished goods, and maintenance, repair, and overhaul (MRO) are the four categories of inventory that are most frequently utilized (MRO)
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