The Three Primary Inventory Accounts in a Manufacturing Company Are

question 69

Multiple Choice

The three primary inventory accounts in a manufacturing company are

• A)Merchandise Inventory,Supplies Inventory,and Finished Goods Inventory.
• B)Merchandise Inventory,Work in Process Inventory,and Finished Goods Inventory.
• C)Supplies Inventory,Work in Process Inventory,and Finished Goods Inventory.
• D)Raw Material Inventory,Work in Process Inventory,and Finished Goods Inventory.

---

Definitions:

Project Management

The process of planning, organizing, and overseeing the completion of specific projects within an organization or team.

Management Techniques

Methods or strategies that enable managers to improve efficiency and achieve organizational goals.

Control System

A set of devices or procedures designed to regulate the operation of a machine, process, or system to achieve a desired outcome.

Managers

Individuals within an organization responsible for directing and overseeing the work of others to achieve the organization's goals.