Chapter 2 of the SOM covers which topic?

• A. Material Procurement
• B. Physical Inventory
• C. Material Expenditures
• D. Stock Record Management

Answer: (D)

Stock record management centers on keeping accurate, up-to-date records of inventory status—the on-hand quantities, locations, and values—and the transactions that update those records (receipts, issues, transfers). Chapter 2 of the SOM focuses on how these records are created, maintained, reconciled, and used to control inventory, support replenishment, and enable audits. This is why it’s the best fit: without reliable stock data, you can’t plan purchases, detect discrepancies, or understand what you actually have in inventory. The other topics are separate functions—the procurement process, the physical counting itself, and the financial tracking of costs—whereas stock record management ties all of those activities together through the inventory data you maintain.