Listed below are five terms followed by a list of phrases that describe or characterize the terms.Match each phrase with the best term placing the letter designating the term in the space provided.
-_____ Inventory items for which the manufacturing process is complete.

Question

Quizplus · Accepted Answer

Finished goods are inventory items for which the manufacturing process is complete and are ready to be sold or distributed. Work-in-process inventory refers to items that are still in the process of being manufactured. Raw materials are the basic materials used in manufacturing. Manufacturing companies produce products while merchandising companies purchase and resell finished goods without altering them.

Listed Below Are Five Terms Followed by a List of Phrases