Inventory is usually divided into three basic categories except
A) projected sales.
B) work in process.
C) finished goods.
D) raw materials.

Name: Inventory is usually divided into three basic categories except A) projected sales. B) work in process. C) finished goods. D) raw materials.
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Question

Quizplus · Accepted Answer

The three basic categories of inventory are work in process, finished goods, and raw materials. Projected sales are a projection of future demand and do not belong to any of the three basic categories of inventory.

Inventory Is Usually Divided into Three Basic Categories Except