Inventories: Difference between revisions

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imported>Doug Williamson
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Latest revision as of 08:03, 24 August 2019

1.

Raw materials, components, work in progress (WIP) and finished goods held by a company or other entity under review.


2.

Accounting.

Value of raw materials, components, work in progress (WIP) and finished goods held by a reporting entity at a balance sheet date.


Also known as Stock or Inventory.


See also