Question: Work - in - Process' ( WIP ) inventory refers to: A ) Finished goods waiting for shipment B ) Raw materials before they enter

Work-in-Process' (WIP) inventory refers to:
A) Finished goods waiting for shipment
B) Raw materials before they enter the production process
C) Items partially through the production process but not yet complete
D) Products that have been returned and are waiting to be reprocessed

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