Which type of control involves keeping watch over raw materials,supplies,work-in-process,and finished goods?
A)Inventory control
B)Quality control
C)Production control
D)Budgetary control

Question

Quizplus · Accepted Answer

Inventory control involves managing the levels and movement of raw materials, supplies, work-in-process, and finished goods in order to prevent stockouts, minimize carrying costs, and ensure efficient production and delivery. Quality control involves monitoring and testing products to ensure they meet certain standards of quality. Production control involves planning and coordinating the various stages of the manufacturing process to ensure efficient and timely production. Budgetary control involves measuring and managing expenses to ensure that they stay within budgeted limits. While each of these types of control is important for managing a business, inventory control is the best choice for the given question prompt.

Which Type of Control Involves Keeping Watch Over Raw Materials,supplies,work-In-Process,and