The term "inventory" can indicate

Name: The term "inventory" can indicate
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The term "inventory" primarily refers to merchandise held for sale in the normal course of business, such as finished goods or products. While equipment and supplies may also be considered as inventory in some cases, they are not the primary definition of the term. Additionally, not all assets are considered inventory, as assets can include items such as property or investments that are not intended for sale.

The Term "Inventory" Can Indicate