_________ inventory includes materials or semifinished goods that have had some work done on them but are not completed.a. Work-in-process
b. Finished-goods
c. MRO suppliers
d. Pipeline/in-transit
e. Raw material and semifinished items

Question

11-01-2020
Business

contestada

_________ inventory includes materials or semifinished goods that have had some work done on them but are not completed.a. Work-in-process
b. Finished-goods
c. MRO suppliers
d. Pipeline/in-transit
e. Raw material and semifinished items

Respuesta :

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hoangkhangpham94 hoangkhangpham94 · Answer 1 · 2020-01-11T08:50:23+01:00

Answer:

The answer is a. Work-in-process

Explanation:

b. Finished-goods is not right because the description mentioned raw material and semifinished goods.

c and d is not right because the concepts do not describe types of inventory themselves

e is not right because the Raw material account only accounts for raw material itself, that is, raw material without any further processing.

a. is correct because work-in-process is an account used to record the inventories that has been partially processed toward finished goods for the final providing of goods and services to the market.

So a is the correct choice.

_________ inventory includes materials or semifinished goods that have had some work done on them but are not completed.a. Work-in-process b. Finished-goods c. MRO suppliers d. Pipeline/in-transit e. Raw material and semifinished items

Respuesta :

Otras preguntas

_________ inventory includes materials or semifinished goods that have had some work done on them but are not completed.a. Work-in-process
b. Finished-goods
c. MRO suppliers
d. Pipeline/in-transit
e. Raw material and semifinished items