Finished goods inventory contains items that are ________.
A) used as inputs in the firm's manufacturing process
B) awaiting delivery to customers
C) returned by customers due to quality issues
D) placed in storage for future use by the company

Question

Quizplus · Accepted Answer

Finished goods inventory refers to items that have been completed in the manufacturing process and are awaiting delivery to customers. They are not used as inputs in the firm's manufacturing process, returned by customers due to quality issues, or placed in storage for future use by the company.

Finished Goods Inventory Contains Items That Are ________