The three basic types of inventory are all of the following EXCEPT
A) finished goods
B) capital goods
C) work-in-process
D) raw materials

Name: The three basic types of inventory are all of the following EXCEPT A) finished goods B) capital goods C) work-in-process D) raw materials
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Question

Quizplus · Accepted Answer

The three basic types of inventory are finished goods, work-in-process, and raw materials. Capital goods are not considered inventory as they refer to long-term assets used in production such as machinery and equipment.

The Three Basic Types of Inventory Are All of the Following