MATCHING Match Each of the Following Icons with the Description That

question 19

Multiple Choice

MATCHING
Match each of the following icons with the description that most closely matches its function.

-Forces the cell text to wrap within the cell borders

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Definitions:

Work in Process

Goods that are in production but have not yet completed the manufacturing process, considered a type of inventory on the balance sheet.

Finished Goods

A rephrased definition: Products that have completed the manufacturing process and are ready to be sold but are still in the company's inventory.

Raw Materials Inventory

The stock of materials before they are processed or used in the production of goods, part of a company's inventory of goods.

Indirect Materials

Indirect materials are supplies used in the production process that, unlike direct materials, are not part of the finished product, such as lubricants and cleaning supplies.