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Monday, February 9, 2009

Inventory

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This article is about business inventory. For other uses, see Inventory (disambiguation).
"Overstock" redirects here. For the online retailer, see Overstock.com.
Inventory is a list for goods and materials, or those goods and materials themselves, held available in stock by a business. It is also used for a list of the contents of a household and for a list for testamentary purposes of the possessions of someone who has died. In accounting inventory is considered an asset.
Contents[hide]
1 Origins of the word Inventory
2 Business inventory
2.1 The reasons for keeping stock
2.2 Special terms used in dealing with inventory
2.3 Typology
2.4 Inventory examples
2.4.1 Manufacturing
2.4.2 Logistics or distribution
2.5 High level inventory management
2.6 Accounting perspectives
2.6.1 The basis of Inventory accounting
2.6.2 Accounting for Inventory
2.6.3 Financial accounting
3 The role of a cost accountant on the 21st-century in a manufacturing organization
3.1 FIFO vs. LIFO accounting
3.2 Standard cost accounting
3.3 Theory of Constraints cost accounting
4 National accounts
5 Distressed inventory
6 Inventory credit
7 See also
8 References
9 Further reading
10 External links

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