Expense items which have had more processing than raw materials and become part of a finished product are component parts and materials.

Name: Expense items which have had more processing than raw materials and become part of a finished product are component parts and materials.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Component parts and materials refer to expense items that have undergone processing and have become part of a finished product. Raw materials refer to unprocessed materials used in the production of goods.

Expense Items Which Have Had More Processing Than Raw Materials