S.no Principles of stock control S.no Description Correct options 1 Product life cycle A The process of managing the stock to mitigate stock loss caused by expiration or obsolescence by following the first-In-First-Out method 2 Minimising wastage of stock B The advancement of a product through 5 different cyclesdevelopment, introduction, growth, maturity, and decline. 3 Rotation of stock C It is recommended to label, date, and inspect all new materials/products as they are received by the kitchen staff and maintain the records of dates of receipt and usage to help reduce overstock and material degradation