Question: Which statement is not true? Materials that have been purchased from a supplier but not yet sold to the customer are our inventory. There are
Which statement is not true?
Materials that have been purchased from a supplier but not yet sold to the customer are our inventory.
There are different types of inventory such as raw material, component, workinprocess, and finished goods inventory.
One of the reasons to hold inventory is to ensure a high level of customer service.
The goods shipping from point to point is not a type of inventory.
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