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Auditing vs Inventory - What's the difference?

auditing | inventory |

As verbs the difference between auditing and inventory

is that auditing is while inventory is (operations) to take stock of the resources or items on hand; to produce an inventory.

As nouns the difference between auditing and inventory

is that auditing is the act or result of performing an audit while inventory is (operations) the stock of an item on hand at a particular location or business.

auditing

English

Verb

(head)
  • Noun

    (en noun)
  • The act or result of performing an audit.
  • * 2010 , Larry McMurtry, Duane's Depressed (page 22)
  • He didn't mind Karla auditing courses — in fact, he encouraged it — but he did mind having to audit her auditings , particularly when he had a hangover.

    inventory

    Noun

    (inventories)
  • (operations) The stock of an item on hand at a particular location or business
  • Due to an undersized inventory at the Boston outlet, customers had to travel to Providence to find the item.
  • (operations) a detailed list of all of the items on hand
  • The inventory included several items that one wouldn't normally think to find at a cheese shop.
  • (operations) the process of producing or updating such a list
  • This month's inventory took nearly three days.
  • (lb) A space containing the available to a character for immediate use.
  • Synonyms

    * See also

    Verb

    (en-verb)
  • (operations) To take stock of the resources or items on hand; to produce an inventory.
  • The main job of the night shift was to inventory the store, and restock when necessary.

    Synonyms

    * (take stock) index