Component parts and materials are regarded as:
A)finished goods that facilitate production of a final product.
B)processed goods that become a portion of a final product.
C)finished goods that facilitate repair,maintenance,and ongoing operations.
D)major capital goods that are used to produce the final product,but not being part of the final product.

Question

Quizplus · Accepted Answer

Component parts and materials are processed goods that become a portion of a final product. They are typically raw materials or partially finished goods that are used in the production process to create a final product. They are not considered finished goods or major capital goods, and they are not used for repair or maintenance of ongoing operations.

Component Parts and Materials Are Regarded As