All of the following are categories of inventory except ____.
A) just-in-time inventory
B) raw material and semifinished item inventory
C) work-in-process inventory
D) MRO supplies inventory
E) pipeline/in-transit inventory

Question

Quizplus · Accepted Answer

Just-in-time inventory is not a category of inventory, but rather a method of inventory management. The other categories mentioned (raw material and semifinished item inventory, work-in-process inventory, MRO supplies inventory, and pipeline/in-transit inventory) refer to specific types of inventory.

All of the Following Are Categories of Inventory Except ____