Goods that are produced in a different year than they are sold are called:
A) inventory.
B) output adjustment.
C) capital depreciation.
D) a loss.
E) net national product.

Question

Quizplus · Accepted Answer

Goods that are produced in a different year than they are sold are referred to as inventory. They are counted as assets on a company's balance sheet and are considered unsold products that are awaiting sale.

Goods That Are Produced in a Different Year Than They