Multiple Choice Questions on Inventory is a concept whereas the change in inventory is concept ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

Inventory is a concept whereas the change in inventory is concept ........

Economics (CUET) National Income Accounting
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    Inventory is a _____________concept whereas the change in inventory is____________concept.

     

    stock, flow

    Correct Answer

    flow, stock

    Incorrect Answer

    tock, stock

    Incorrect Answer

    flow, flow

    Incorrect Answer
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    Explanation:

    Option (1) is correct.

    Explanation: Inventory is a stock concept as it can be measured at a point of time and change in inventory is a flow concept because it can be measured over a time period.

    By: Parvesh Mehta
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