Examlex
In the figure above, item 3 is pointing to the ____.
Raw Materials
Basic materials that are used in the production process to create finished goods, often reflecting a significant portion of manufacturing costs.
Accounts Payable
Liabilities owed by a business to creditors for goods and services purchased on credit.
Accounts Receivable
The money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Raw Materials
The basic materials from which products are manufactured or made.
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