are materials that have entered the production process and are materials that are used in the production process but do not become part of the product.
I. Raw materials
II. Work in process
III. Finished goods
IV. Maintenance, repair and operational supplies
A) I and II
B) II and III
C) III and IV
D) I and III
E) II and IV

Question

Quizplus · Accepted Answer

Maintenance, repair and operational supplies are materials used in the production process but do not become part of the finished goods. Work in process also refers to materials that have entered the production process but have not yet become finished goods. Therefore, the correct choices are II (work in process) and IV (maintenance, repair and operational supplies). Choices I (raw materials) and III (finished goods) do not fit the description of materials that are used in the production process but do not become part of the finished product.

Are Materials That Have Entered the Production Process and Are