Which of the following is true of Finished Goods Inventory? OA. B. C. ...

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Which of the following is true of Finished Goods Inventory? OA. ☐ B. □ C. ☐ D. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. Finished Goods Inventory is an account used by a merchandiser and includes completed goods that have not yet been sold. 130% Finished Goods Inventory is an account used by service companies in lieu of raw materials inventory. Finished Goods Inventory is an account used by a manufacturer in lieu of raw materials inventory. Which of the following is true of Finished Goods Inventory? OA. ☐ B. □ C. ☐ D. Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold. Finished Goods Inventory is an account used by a merchandiser and includes completed goods that have not yet been sold. 130% Finished Goods Inventory is an account used by service companies in lieu of raw materials inventory. Finished Goods Inventory is an account used by a manufacturer in lieu of raw materials inventory.

Answer rating: 100% (QA)

Explanation Finished Goods Inventory is an account used by a merchandiser and incl... View the full answer