For a merchandiser,the term "inventory" refers to ________.
A) raw materials that are used for production
B) equipment that are used in production process
C) the cost of goods sold
D) goods held for sale to customers

Question

Quizplus · Accepted Answer

Inventory for a merchandiser refers to the goods held for sale to customers. Raw materials and equipment are typically included in the inventory for a manufacturer, while the cost of goods sold is the expense incurred for the products already sold to customers.

For a Merchandiser,the Term "Inventory" Refers to ________