All of the following are types of inventory,except
A)consignment.
B)raw materials.
C)Goods in transit.
D)FOB.

Name: All of the following are types of inventory,except A)consignment. B)raw materials. C)Goods in transit. D)FOB.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

Consignment, raw materials, and goods in transit are all types of inventory. FOB (Free on Board) is a term used in shipping to indicate who is responsible for the goods during transport. It is not a type of inventory.

All of the Following Are Types of Inventory,except