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In Finished Goods Inventory

Question 133

Multiple Choice

In finished goods inventory:


A) direct materials are in stock and awaiting use in the manufacturing process.
B) goods are partially worked on but not yet fully completed.
C) goods are fully completed but not yet sold.
D) products are in their original form intended to be sold but the basic form is changed basic form.
E) goods are partially completed and sold as is.

Correct Answer:

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