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Which of the following is true regarding a manager's job with respect to customers?
Raw Materials Inventory
This represents the stock of basic materials awaiting to be processed into finished goods.
Work in Process
Inventory that includes all the materials, labor, and overhead costs for products that are in the production process but not yet completed.
Finished Goods Inventory
Inventory of finished goods available for sale but still unsold.
Fire Insurance
An insurance policy that provides coverage against losses or damages caused by fire.
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