Which type of company has three types of inventory?
A)A manufacturing company
B)A merchandising company
C)A service company
D)All of these companies

Question

Quizplus · Accepted Answer

A manufacturing company typically has three types of inventory: raw materials, work-in-process, and finished goods. Merchandising companies and service companies typically only have one type of inventory, if any.

Which Type of Company Has Three Types of Inventory