Products that are held for sale to customers are called:
A)inventory.
B)layaways.
C)accounts receivable.
D)equipments.

Question

Quizplus · Accepted Answer

Inventory refers to products that a company holds for sale to customers. Layaways are products that have been set aside for a customer to purchase at a later date after they have made a partial payment. Accounts receivable refers to money that a company is owed by its customers. Equipment refers to items such as machinery and tools used in the production process.

Products That Are Held for Sale to Customers Are Called