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Please help What are the stock types or statuses based on the usability of materials? What...

Please help

What are the stock types or statuses based on the usability of materials? What is the significance of these stock statuses?

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Goods with the status of unrestricted use can be used in any manner that management feels will benefit the enterprise. Companies use these goods either internally or externally to meet customer demands. Goods with the status of in quality inspection must undergo inspection before being released for consumption. Blocked stock refers to materials that are damaged or unusable. Finally, stock in transit refers to materials that are in the process of being moved from one plant to another.

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