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For Each of the Following Types of Inventory, Enter a Letter

Question 130

Short Answer

For each of the following types of inventory, enter a letter to indicate the type of business in which the inventory is more likely to appear.
Type of Business:
A. Retail
B. Manufacturing

Type of Inventory
1. Raw materials.
2. Merchandise.
3. Finished goods.
4. Work in progress.

Correct Answer:

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1. B; 2. A...

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