the british isles (england ,scotland ,wales and northern ireland) were governed by the british government only. they devolved power to each individual country-scottish, welsh and irish assemblies which gave each certain but not total powers of government for each. hence devolution.
In business accounting, merchandising inventory refers to merchandise procured by a merchant for resell. Merchandising companies sell products such as clothing, auto parts and other tangible products. Merchandising inventory is different from manufacturing inventory, because the later constitutes products made directly by the manufacturer.
inventory refers primarily to goods, raw materials, and other tangible items that a business holds, ultimately for sale. Inventory management is the art of making in-demand products available when customers want them while keeping inventory costs low. Inventory flow is rightfully called the lifeblood of the business. inventory refers primarily to goods, raw materials, and other tangible items that a business holds, ultimately for sale.