Inventory

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Inventory
-For security firms: dealer or broker purchased securities bought and held for resale.
-For companies: production necessities like raw materials, items for sale or items under production. These can be separately evaluated by several different methods like current market value, cost or collectively as a group by LIFO, FIFO etc. A lower value is chosen to represent the value of these items to avoid exaggerated evaluations.

Recommended for you:

  1. First-In-First-Out (FIFO)
  2. Average Age Of Inventory
  3. Last-In-First-Out (LIFO)
  4. Just-In-Time Inventory Systems
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