Which One of the Following Inventory Items Is Most Likely

question 173

Multiple Choice

Which one of the following inventory items is most likely the least liquid?

• A) Raw steel owned by a steel mill.
• B) Plywood held in inventory by a home improvements retail outlet.
• C) Tires held in inventory to be placed on new vehicles as they are assembled.
• D) A partially assembled drive train for a car.
• E) Raw logs sitting in the yard of a lumber mill.

---

Definitions:

Shape Changes

refers to modifications in the form or structure of an object, organism, or pattern, which can occur naturally or through external forces.

Conservation

The principle in environmental science aiming at the prevention of waste and protection of the natural environment; in psychology, it refers to a child's ability to understand that a quantity does not change even when its form does.

Object Permanence

The comprehension in infants that items remain in existence even when they are not visible, audible, or tangible.

Conservation

In cognitive development, the understanding that certain properties of an object or substance remain the same even when its appearance is altered, typically developed during the concrete operational stage.