Inventory includes:
A) goods held for sale or lease.
B) farm products.
C) equipment.
D) intangible products.

Name: Inventory includes: A) goods held for sale or lease. B) farm products. C) equipment. D) intangible products.
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

Inventory primarily includes tangible goods that are held for sale or lease, such as finished goods or work-in-progress. While farm products and equipment may also be considered inventory in certain industries, intangible products like patents or copyrights generally are not.

Inventory Includes