Which of the following is a characteristic of a finished product?
A) A component for the manufacturing process.
B) Products which are purchased to be sold, after negligible added value.
C) Raw materials for the production process.
D) Purchased for storage.

Question

Which of the following is a characteristic of a finished product? 
A) A component for the manufacturing process. 
B) Products which are purchased to be sold, after negligible added value. 
C) Raw materials for the production process. 
D) Purchased for storage.

Quizplus · Accepted Answer

A finished product is a product that is completed and ready for sale, with minimal or no added value required. Choice A refers to a component used in the manufacturing process, not a finished product. Choice C refers to raw materials, which are not finished products. Choice D refers to products purchased for storage, which may or may not be finished products.

Which of the Following Is a Characteristic of a Finished