Items sold to a firm's customers are called:
A) quarantined materials.
B) work-in-process.
C) raw materials.
D) finished goods.

Question

Quizplus · Accepted Answer

Finished goods are items that have gone through the entire production process and are ready to be sold to the firm's customers. Quarantined materials are materials that are being held in a controlled area for inspection, evaluation, or testing. Work-in-process refers to items that are still undergoing production and are not yet finished. Raw materials are the basic materials used to produce the finished goods.

Items Sold to a Firm's Customers Are Called