Multiple Choice
Procter and Gamble buys unprocessed logs which are handled as little as needed to move them to its plant. Eventually, they become part of P and G's disposable diapers and are considered an expense item on P and G's income statement. For P and G, logs are:
A) farm products.
B) supplies.
C) component parts.
D) component materials.
E) raw materials.
Correct Answer:

Verified
Correct Answer:
Verified
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