Asked by
Leslie García
on Nov 06, 2024
Verified
The term _____ refers to all raw materials,components,completed or partially completed products,and pieces of equipment a firm uses.
A) inventory
B) capital reserve
C) input
D) share
E) intangible
Inventory
Inventory refers to the goods and materials that a business holds for the ultimate goal of resale or production.
- Gain insight into the assortment of inventory utilized in manufacturing settings and their respective purposes.
Verified Answer
AB
Learning Objectives
- Gain insight into the assortment of inventory utilized in manufacturing settings and their respective purposes.
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