Which of the following is true of Finished Goods Inventory? A. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. B. Finished Goods Inventory is an account used by a manufacturer in lieu of raw materials inventory. C. Finished Goods Inventory is an account used by service companies in lieu of raw materials inventory. D. Finished Goods Inventory is an account used by a merchandiser and includes completed goods that have not yet been sold.

Question

Business

Mark Stevenson

11 September, 13:20

Which of the following is true of Finished Goods Inventory? A. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. B. Finished Goods Inventory is an account used by a manufacturer in lieu of raw materials inventory. C. Finished Goods Inventory is an account used by service companies in lieu of raw materials inventory. D. Finished Goods Inventory is an account used by a merchandiser and includes completed goods that have not yet been sold.

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Answers (1)

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Missie · Answer 1

The correct answer to the following question will be Option A.

Explanation:

Inventory of goods corresponds to the number of agricultural products throughout securities that are available to buy by clients. The inventory calculation for manufactured goods seems to be a strong belief ratio which can be used to measure the demand for selling such items. Technology for handling inventory for the company. These inventory is indeed a manufacturer-used account that incorporates improvement overall that hasn't even been distributed.

Other choices have no connection with the given scenario. So Choice Is therefore the right one.