There are various semi-processed materials intended for further processing-raw stock, crude oil, bituminous coal, paperboard, paper, lumber, copper, wheat, cotton, for example. These materials are called _____________.
A) supplies
B) commodities
C) raw materials
D) semi-processed supplies
E) production supplies

Question

Quizplus · Accepted Answer

Commodities are basic goods used in commerce that are interchangeable with other goods of the same type, which includes semi-processed materials intended for further processing like crude oil, copper, wheat, etc.

There Are Various Semi-Processed Materials Intended for Further Processing-Raw Stock