Q305
Inventory of final goods that are not yet sold is called
A.
finished goods inventory
AnswerB.
indirect material inventory
C.
direct materials inventory
D.
work in process inventory
Answer: Option A
Solution
Answer: Option A
Solution:
Inventory of final goods that are not yet sold is called finished goods inventory. Finished goods inventory refers to the number of manufactured products in stock that are available for customers to purchase.