The Work-in-Process Inventory account includes the ________.
A) goods that are ready to be sold
B) goods that are partially completed
C) goods that have been sold in the market
D) goods that are returned by customers

Question

Quizplus · Accepted Answer

The Work-in-Process Inventory account includes goods that are partially completed in the production process, but not yet ready for sale. Options A, C, and D are incorrect because they refer to completed goods (ready to be sold or sold) or goods that have been returned by customers.

The Work-In-Process Inventory Account Includes the ________