Inventory

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.

Related posts:

1. Average Age Of Inventory
2. Just-In-Time Inventory Systems
3. Inventory Turnover
4. Inventory Loan
5. Inventory Accounting