THE MANAGEMENT AND CONTROL OF INVENTORIES (DRUGS) IN GOVERNMENT HEALTH INSTITUTION

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  • Department: Accounting
  • Project ID: ACC2348
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  • Pages: 88 Pages
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Abstract

Inventories occupy the most strategic position in structure of working capital of most business enterprises. It constitutes the largest component of current asset in most business enterprises. In the sphere of working capital, the efficient control and management of inventory has paired the most serious problem to the health institutions. The turnover of working capital is largely governed by the turnover of inventory, that is the rate of working capital is largely governed by the amount of inventory which is largely provided by the government. It is therefore quite natural that inventory which helps to maximize profit occupies the most significant place among current and profit assets.
The American usage of the word ‘inventory’ is synonymous with the British use of the word ‘stock’, this synonym is evident in the definitions of inventory and stock by the Oxford Dictionary. The Oxford English Dictionary defined inventory as follows:
1. A list, catalogue, detailed account
2. A lot or stock of goods, etc which are or may be made the subject of an inventory.
THE MANAGEMENT AND CONTROL OF INVENTORIES (DRUGS) IN GOVERNMENT HEALTH INSTITUTION
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

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  • Type: Project
  • Department: Accounting
  • Project ID: ACC2348
  • Access Fee: ₦5,000 ($14)
  • Pages: 88 Pages
  • Format: Microsoft Word
  • Views: 842
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    Details

    Type Project
    Department Accounting
    Project ID ACC2348
    Fee ₦5,000 ($14)
    No of Pages 88 Pages
    Format Microsoft Word

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