Question

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

• A. Production
• B. Budget
• C. Inventory
• D. Software

Hint:

Inventory management ensures optimal use of resources while reducing unnecessary storage costs.

Answer 1

The Correct Option is C

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.