inventory

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Related to Minnesota Multiphasic Personality Inventory: personality test, Minnesota Multiphasic Personality Inventory (MMPI-2)

Inventory

For companies: Raw materials, items available for sale or in the process of being made ready for sale. They can be individually valued by several different means, including cost or current market value, and collectively by FIFO (First in, first out), LIFO (Last in, first out) or other techniques. The lower value of alternatives is usually used to preclude overstating earnings and assets. For securities firms: Securities bought and held by a broker or dealer for their own account.

Inventory

The raw materials and the products made from them that a company possesses and intends to sell in short order. It also includes raw materials that are in the process of being made into a final product. Inventory is considered an asset on a balance sheet, but because it comes with costs (such as storage and spoilage), most companies seek to find a balance between having too much inventory, which comes with these costs, and too little, which could result in the company not filling orders for the product. Inventory may be accounted on a last-in-first-out or a first-in-first-out basis, which each has advantages and disadvantages. See also: Just-in-Time, Just-in-Case.

inventory

The amount of raw materials, work in process, and finished goods being held for sale at a given time. Diamonds held by a jeweler, engines owned by General Motors, and canned and frozen foods in a grocery store chain's warehouse are examples of inventory. Inventory is generally the least liquid item listed by a firm in the current asset account of its balance sheet. See also beginning inventory, ending inventory.

inventory

the STOCKS of finished goods, WORK IN PROGRESS and raw materials held by businesses. See INVENTORY INVESTMENT, STOCKHOLDING COSTS.

inventory

the STOCKS of finished goods, WORK-IN-PROGRESS and raw materials held by businesses. See INVENTORY INVESTMENT.

inventory

(1) The total listings controlled by a real estate broker.(2) The total property for sale or lease in a defined area.(3) Property held for sale in the ordinary course of business or to be used in the manufacture of goods held for sale.(4) An itemized listing of personal property.

Inventory

For income tax purposes, inventory consists of items acquired for sale to customers in the regular course of a taxpayer's trade or business.
References in periodicals archive ?
The Minnesota Multiphasic Personality Inventory. Minneapolis, Minnesota: University of Minnesota Press.
Kleinmuntz (1961) developed the original College Maladjustment scale (Mt) for the Minnesota Multiphasic Personality Inventory (MMPI) to discriminate between emotionally well-adjusted and emotionally maladjusted college students.
They were the Personality Inventory for Children (PIC) (Wirt, Lachar, Klinedinst, & Seat, 1977) depression, withdrawal, and social skills subtests, and the Minnesota Multiphasic Personality Inventory (MMPI) (Hathaway & McKinley, 1967; Hoffman & Butcher, 1975; Overall & Gomez-mont, 1974; Hedlund, Won Chu, & Powell, 1975).
Generally, only tests developed for clinical purposes, like the Minnesota Multiphasic Personality Inventory (MMPI), contain such inquiries.
Research (Butcher & Garcia, 1978; Butcher & Pancheri, 1976; Montgomery & Orozco, 1985; Padilla & Ruiz, 1975, Padilla, Olmedo, & Loya, 1982) on the Minnesota Multiphasic Personality Inventory (MMPI), a widely used instrument in the psychological evaluation of rehabilitation clients, has demonstrated that certain subscales tap cultural traits rather than personality traits.
Persky and her co-workers used a depression scale from a standard psychological test, the Minnesota Multiphasic Personality Inventory (MMPI).
In one study of adults who had been victims of sexual abuse as children, their Minnesota Multiphasic Personality Inventory (MMPI) scores were found to be extremely similar to those of combat veterans with PTSD.
What set the brain injured subgroup apart were response on the Minnesota Multiphasic Personality Inventory which suggested insecurity, psychological instability, and social isolation, all more so than in the other two chronic pain comparison groups who also suffered from chronic stress and disability.
The group with nightmares had muchhigher scores on several scales of the Minnesota Multiphasic Personality Inventory (an extensive self-report questionnaire) than the other two groups; the elevated scores indicated distrust and oversensitivity to others, feelings of being different, poor self-esteem and alienation from feelings.
of Texas at Austin) examine the domains of masculinity and femininity as represented in the adult and adolescent versions of the Minnesota Multiphasic Personality Inventory (MMPI), a leading personality inventory.
Scores on the Minnesota Multiphasic Personality Inventory (MMPI) validity scales for 34 of the possible 40 cases fell in the average range on their mean scores.

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