Timeliness is a Chinese vocabulary, which means that the nature of the same thing varies greatly at different times. We call this difference temporality. Timeliness affects the effective time of the decision, and timeliness determines whether the decision is effective in a specific time.

Inventory generally has the following characteristics:

1. Inventory is a tangible asset, which is different from intangible assets.

2. Inventory has strong liquidity. In enterprises, inventory is often in the process of continuous sales, consumption, purchase or replacement, with rapid liquidity and obvious liquidity.

3. Inventory has timeliness and the possibility of potential losses. In normal business activities, inventory can be converted into monetary assets or other assets on a regular basis, but the inventory that cannot be consumed for a long time may become overstocked materials or sold at reduced prices, thus causing losses to enterprises.

Extended data

Inventory audit characteristics

1. For general manufacturing and trading industries, inventory is the main item of balance sheet and the largest component of working capital.

2, storage in different places (including factories and branches), control and inventory difficulties.

3. There are many kinds and different items, so it is difficult to observe and identify.

4. Its value may be damaged by dullness, obsolescence, obsolescence and damage, and it is often difficult for certified public accountants to make reasonable judgments because they do not know enough about customers' production and marketing activities and industry trends.

5. Inventory cost calculation is cumbersome.

We should firmly grasp its timeliness characteristics and give full play to its timeliness function. We should keep pace with the times. The usefulness of analysis and strategy is the most important aspect, that is, to understand the changes in the external environment and adjust decisions accordingly, so as to facilitate survival and development.

The timeliness of news refers to the correlation between the occurrence of news facts and the time when they are reported as news, as well as the audience contact and social effects caused by news dissemination. There is a certain time limit for the audience contact and social effects caused by news. Generally speaking, event news may lose its timeliness in a short time, while non-event news may lose its timeliness in a long time, and its timeliness is restricted by social life and information communication technology. Timeliness is the basis of timeliness, and news with poor timeliness cannot have ideal timeliness.