Which of the following is NOT an inventory account?
A) Direct labour
B) Direct materials
C) Work in process
D) Finished goods

Question

Quizplus · Accepted Answer

Direct labour is a component of manufacturing overhead, which is not an inventory account. The other three choices (Direct materials, Work in process, Finished goods) are all inventory accounts as they represent different stages in the production process.

Which of the Following Is NOT an Inventory Account