Name the different types of stocks?
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Name the different types of stocks?
Answer
There are three different types of stocks;
- Valuated Stock
- Non-valuated stock
- Special Stock
Where the valuated stock is further divided into three parts- Unrestricted stock, Blocked stock, and Quality Inspection Stock, and Special Stock is classified as Stock Transport Order, Subcontracting, Consignment, Returnable Transport Packaging, Stock Transport Order, Pipeline Handling, and Third Party Processing.