Question

Although inventory management is a task for .............., the financial manager should monitor the activity.

Answer 1

Although inventory management is a task for ......Production/operations...., the financial manager should monitor the activity.

Conclusion: It is the responsibility of the production management or the operations management to keep track of all the invenstories be it opening envenstory, Work In progress or closing inventory. It is their duty to store them and ustilise them efficiency but the financial manager also needs to keep track of the activity for managing the income/expenses.