Work-in-process inventory is devoted to maintenance, repair, and operations.

Name: Work-in-process inventory is devoted to maintenance, repair, and operations.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Work-in-process inventory (WIP) is inventory that is in the process of being manufactured or produced. It is not specifically devoted to maintenance, repair, and operations (MRO) items. MRO inventory is a separate category of inventory that includes items used for maintenance, repair, and operations purposes.

Work-In-Process Inventory Is Devoted to Maintenance, Repair, and Operations