Which of the following is compulsory to create while entry in accounts with inventory *?

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Which of the following is compulsory to create while entry in accounts with inventory *?

Because it is a flow concept, production is measured as a “rate of output per period of time”.

The four requirements of production of goods and services are land, labor, physical capital and human capital. Land is the physical place where all the economic activity takes place. Land plays an important part in production because land itself and the resources on it are usually limited.

Q. Which one of the following is not a requirement for production of goods and services?

Answer. Explanation: Education has no relation with the production of goods as education is not a ingredient or material used in production. 1) Land and rainfall are both an essential used in the production of crops.

Q. Which of the following is compulsory for production?

Seeds are required for production mandatorily while fertilizers / pesticides are chemicals which need not be used .

Q. Which requirement for production is considered the best give reason Class 9?

Solution(By Examveda Team) For inventory accounting in tally Stock Groups, Stock Items and Units of Measure must be created.

Q. Which of the following is not compulsory to create while entry in account with inventory?

Solution(By Examveda Team) It is not Mandatory. For enabling Stock Category option in the Inventory Info menu, press F11 > Inventory Features > Set Yes for Maintain stock categories .

Q. Where is company restore option is available?

Solution(By Examveda Team) Go to Gateway of Tally > F3 : Cmp Info > Restore to view the Restore Companies screen.

Q. Can I use stock Journal?

A stock journal is used to transfer materials or stock from one location to another location. Stocks could even simply be shown as consumed or even only produced and without both consumption and production.

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