_____ are also known as partially finished goods.
A) Work-in-process inventories
B) Component parts inventories
C) Feedstock inventories
D) Raw material inventories

Question

Quizplus · Accepted Answer

Work-in-process inventories are goods that are currently being manufactured but are not yet finished products. They are partially finished goods that require further processing before they can be sold or used. Component parts inventories, feedstock inventories, and raw material inventories are all different types of goods that are used in the production process but are not yet partially finished goods.

_____ Are Also Known as Partially Finished Goods