Question: 4. Match each phrase to the appropriate description. /7 A) Finished goods inventory B) Manufacturing companies C) Materials inventory D) Service companies E) Merchandising companies
4. Match each phrase to the appropriate description. /7
A) Finished goods inventory
B) Manufacturing companies
C) Materials inventory
D) Service companies
E) Merchandising companies
F) Work in process inventory
G) Merchandise inventory
| Typically have a single category of inventory | |
| Resell products they previously purchased ready-made from suppliers | |
| Do not have inventory for resale | |
| Produce its own inventory | |
| Transform raw materials into finished products | |
| Ready to sell inventory of manufacturers | |
| Partially completed items of manufacturers |
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