Which of the following best describes production items?
A) Goods consumed within a year by an organization
B) Goods that are specific in nature and where no substitute will be accepted
C) Goods that are consumed rapidly and regularly
D) Goods used in the conversion process
E) Goods consumed within a year by the buyer

Question

Quizplus · Accepted Answer

D)Production items are goods or services that are used directly in the conversion (production)process, such as petroleum that is converted into gasoline, and passenger demand information that is converted into bus or train services.

Which of the Following Best Describes Production Items