Which of the following functions of inventory is most likely to be included in a manufacturer's finished goods?

Question

Quizplus · Accepted Answer

Anticipation is the function of inventory that is most likely to be included in a manufacturer's finished goods inventory. This is because finished goods inventory exists to meet anticipated demand, rather than to be used in production or to maintain operations. Rework, work in process, and MRO supplies are all related to production and operation processes, rather than finished goods inventory.

Which of the Following Functions of Inventory Is Most Likely