What is the supply of goods that a company holds for use in production or for sale to customers?
A) merchandise
B) inventory
C) goods for sale
D) backlog

Question

Quizplus · Accepted Answer

Inventory refers to the supply of goods that a company holds for use in production or for sale to customers. Merchandise and goods for sale are similar concepts but are usually more specific to products that are being sold to customers, while backlog refers to orders that have not yet been fulfilled.

What Is the Supply of Goods That a Company Holds