Question:

___ refers to goods, materials stocked in a systematic manner with the purpose of using it in the future.

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Inventory management ensures optimal use of resources while reducing unnecessary storage costs.
Updated On: Dec 20, 2024
  • Production
  • Budget
  • Inventory
  • Software
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The Correct Option is C

Solution and Explanation

Inventory refers to the goods, materials, or stock kept in a systematic manner for future use. It is essential for businesses to track resources efficiently and plan production or distribution.

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