Question

__ management involves formulating policies and using procedures to maintain the stock of goods.

Answer 1

Inventory

Step-by-step explanation:

In financial accounting, the term described in the question is called Inventory management. This stock being talked about also includes stock of raw materials, the components of these raw materials as well as the finished products. In addition to that, also inventory of the products being put in a warehouse and also the ones that are transported out.