Home » Inventory Control Terms Dictionary » Finished Goods

Definition Of Finished Goods:

Materials or products which have received the final increments of value through manufacturing or processing operations, and which are being held in inventory for delivery, sale, or use.


Other Definition Of Inventory Control Terms:

First-in, Last-out (filo)
Fixed Interval Inventory Model
Fixed Order Quantity
Fixed Quantity Inventory Model
Free Stock
Gross Profit Method Of Inventory Valuation

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