Which type of inventory is normally sold to other organizations?
A)direct materials
B)factory supplies
C)work in process
D)finished goods

Question

Quizplus · Accepted Answer

Finished goods inventory is the inventory that has been produced and is ready for sale. This inventory is normally sold to other organizations or consumers. The other inventory options listed (direct materials, factory supplies, and work in process) are not typically sold to other organizations.

Which Type of Inventory Is Normally Sold to Other Organizations