Finished goods inventory contains items that are ________.
A) used as inputs in the firm's manufacturing process
B) awaiting delivery to customers
C) returned by customers due to quality issues
D) procured from suppliers for the production process

Question

Quizplus · Accepted Answer

Finished goods inventory refers to products that have completed the manufacturing process and are waiting to be sold or delivered to customers. Option A refers to raw materials inventory, option C refers to returned goods inventory, and option D refers to purchase or supply inventory.

Finished Goods Inventory Contains Items That Are ________