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| 1. |
what is stock and inventory with difference between also? |
| Answer» Inventory\xa0(American English) or\xa0stock\xa0(British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair). In the context of services,\xa0inventory\xa0refers to all work done prior to sale, including partially process information.\xa0Inventory\xa0is the collection of unsold products waiting to be sold.\xa0Inventory\xa0is listed as a current asset on a company\'s\xa0balance sheet.\xa0 | |