Which of the Following Is Not an Example of an Inventory

question 7

Multiple Choice

Which of the following is not an example of an inventory account a manufacturing firm might use?

• A)Work in process inventory.
• B)Finished goods inventory.
• C)Merchandise inventory.
• D)Raw materials inventory.

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Definitions:

War Department

Former name for what is now the Department of Defense in the United States, responsible for military affairs until it was restructured in 1947.

Lynching

A form of violence in which a mob, without legal authority, kills someone, often by hanging, for an alleged offense with or without a legal trial.

American Federation

An umbrella organization for U.S. unions, representing overall labor interests.

Labor

The effort by individuals to produce goods or provide services in exchange for wages or other forms of compensation.