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What does the term "inventory" refer to in a business context?

What does the term "inventory" refer to in a business context?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The list of employees
  • B The stock of goods available for sale
  • C The company's debt
  • D The list of clients
  • E The company's market share
Correct Answer: Option B
Explanation:
Inventory refers to the stock of goods available for sale.

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