In the Context of Inventories, Which of the Following Is

question 69

Multiple Choice

In the context of inventories, which of the following is a similarity between a manufacturing firm and a retail firm?

• A) Both hold inventories of finished goods.
• B) Both typically hold inventories of work in process.
• C) Both typically hold inventories of raw materials.
• D) Both hold small inventories, thereby reducing the risk of stock-outs.

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Definitions:

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