Which statement best describes the difference between stock on hand and stock on order?

Which statement best describes the difference between stock on hand and stock on order?

• A. On hand are items physically present; on order are items that have been requested but not yet received.
• B. On hand equals stock on order.
• C. On hand includes items in transit; on order includes damaged items.
• D. On hand is future purchases; on order is items in stock.

Answer: (A)