What can be defined as a useful idle resource which has economic value eg; raw materials, spareparts, finished items, etc?

Answer: Option B

Inventory can be defined as a useful idle resource which has economic value eg; raw materials, spareparts, finished items, etc. Inventory is an idle stock of physical goods that contain economic value, and are held in various forms by an organization in its custody awaiting packing, processing, transformation, use or sale in a future point of time.