Which of the following inventories includes the basic inputs in a manufacturing process?
A)finished goods
B)work-in-process
C)component parts
D)raw materials

Question

Which of the following inventories includes the basic inputs in a manufacturing process?
A)finished goods  
B)work-in-process  
C)component parts  
D)raw materials

Quizplus · Accepted Answer

Raw materials are the basic inputs that go into a manufacturing process. Component parts are also used in the manufacturing process, but they are not as basic as raw materials. Work-in-process and finished goods are not considered inputs, but rather outputs of the manufacturing process.

Which of the Following Inventories Includes the Basic Inputs in a Manufacturing