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A process by which banks designate an area within which they refuse to lend money for improvements is
Finished Goods
Products that have completed the manufacturing process but have not yet been sold to customers.
Job Cost System
An accounting system used to track costs specifically by job or order, collecting material, labor, and overhead costs.
Finished Goods Inventory
The stock of completed products that are ready for sale but have not yet been sold.
Work in Process
A stage in the production process where goods are partially completed and will require further work before they are ready for sale.
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