Respuesta :
Inventory shrinkage is recorded; there is a distinction between a physical inventory count and inventory records.
What exactly do you mean by inventory?
Resources refer to all of the goods, products, items, as well as materials held by a company for the purpose of reselling in the market for a profit. For instance, if a daily paper seller is using a vehicle to ring doorbells to clients, only the newspaper is considered inventory. The car will be considered an asset.
What is the function of inventory?
The primary purpose of stock is to ensure that operations have an ongoing material supply. To perform this function successfully, your company should strive to find a happy medium among too much and too little stock, without ever running out.
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