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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