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Marcario is trying to build a tower of blocks. His father carefully balances a layer while Marcario places the next block. Soon Marcario can support each layer himself while placing the each block. This is an example of:
Finished Goods
Units of product that have been completed but not yet sold to customers.
Work in Process
Inventory items that are in the process of being produced but are not yet complete, representing a stage between raw materials and finished goods.
Inventory Levels
The quantity of goods and materials a company holds in stock at a particular time.
Cash Disbursements
The actual cash payments made by a business, including expenses, investments, and debt payments.
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