____________ inventories include the basic inputs in a manufacturing process.
A) Finished goods
B) Work-in-process
C) Component parts
D) Raw materials
E) Recyclable

Question

Quizplus · Accepted Answer

Raw materials are the basic inputs in a manufacturing process. Finished goods (A) are the final products that are ready to be sold, work-in-process (B) refers to partially completed products, component parts (C) are individual parts that are assembled into a finished product, and recyclable (E) refers to materials that can be reused or repurposed.

____________ Inventories Include the Basic Inputs in a Manufacturing Process