Define The Term Consignment Stock?

1.	Define The Term Consignment Stock?
Answer» The material available in the company PREMISES but is not ADDED in the stock is CALLED the consignment stock. The consignment stock is added to the company stock when it is either sent to the production DEPARTMENT or marked as the material to be sold. The material available in the company premises but is not added in the stock is called the consignment stock. The consignment stock is added to the company stock when it is either sent to the production department or marked as the material to be sold.

Answer»

The material available in the company PREMISES but is not ADDED in the stock is CALLED the consignment stock. The consignment stock is added to the company stock when it is either sent to the production DEPARTMENT or marked as the material to be sold.

The material available in the company premises but is not added in the stock is called the consignment stock. The consignment stock is added to the company stock when it is either sent to the production department or marked as the material to be sold.

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