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Bulk of stores in terms of volume & value will generally be part of raw materials inventory.

1) TRUE

2) FALSE

Inventory Management
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Question added by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG
Date Posted: 2015/03/19
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AMAAN KHAN

TRUE<<<<<<<<<<<<<<<<<<<<<<<<ANSWER

Mohammad Ismail
by Mohammad Ismail , ACCA Trainee , Zarai Taraqiati Bank Limited

1) Yes it is true because raw materials is stored to manufacture finished products.

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

True <<<<<<<<<<<Answer <<<<<<<<<<<<<<<<<<<<<<<<<<

Aneesh Mohan
by Aneesh Mohan , Senior Manager Transition , Infosys BPO Limited

false. WIP or finished goods can also add up.

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