Question: 2 9 . What is Work - in - Process ( WIP ) inventory? a ) Finished goods waiting for shipment b ) Raw materials

29. What is "Work-in-Process" (WIP) inventory?
a) Finished goods waiting for shipment
b) Raw materials waiting to be processed
c) Items that are in the process of being manufactured but are not yet completed
d) Inventory stored for future sales

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