A product that is purchased from vendors for sale to customers is called a/an:
A)Account receivable.
B)Trial balance.
C)Activity transaction.
D)Inventory item.
E)All.

Name: A product that is purchased from vendors for sale to customers is called a/an: A)Account receivable. B)Trial balance. C)Activity transaction. D)Inventory item. E)All.
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Question

Quizplus · Accepted Answer

An inventory item is a product that is purchased from vendors for sale to customers. Choices A, B, C, and E are unrelated to the context.

A Product That Is Purchased from Vendors for Sale to Customers