Which of the following is not true about an auto manufacturer's inventory?
A)Tires,batteries,glass,paint,headlamp bulbs,and electric wiring would be included in raw materials inventory.
B)Incomplete cars that are still being processed would be included in work-in-process inventory.
C)Finished cars ready to be shipped to dealers would be included in finished goods inventory.
D)Cars that have been sold to dealers would be included in finished goods inventory.

Question

Quizplus · Accepted Answer

Cars that have been sold to dealers would not be included in the auto manufacturer's inventory as they are no longer owned by the manufacturer and have been sold to a third party.

Which of the Following Is Not True About an Auto