EVALUATION OF STOCK AND CONTROL SYSTEM
CHAPTER ONE 1.1 INTRODUCTION Stock can be defined as goods available for sale, distribution or use and goods kept by a trader or shopkeeper. There are varieties of inventories existing in a manufacturing company. The inventory includes: · Raw materials · Work in progress · Finished goods According to Omolehinwa (1985) raw materials is defined as the items of materials that have not been processed at all by the relevant manufacturing department but ...
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