Goods or raw materials which are not required immediately for sale or manufacturing are stored in the warehouse, this function is known as ______________.

Value added services

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Price stabilisation

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Financing

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Stock piling

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
Stock piling

Goods or raw materials which are not required immediately for sale or manufacturing are stored in the warehouse, this function is known as stock piling.

Suggest Corrections

Similar questions

A warehouse that is used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges.

Join BYJU'S Learning Program