What Is the Term for Unfinished Products That Are Used

question 78

Multiple Choice

What is the term for unfinished products that are used in producing other products?

• A)component parts and processed materials
• B)raw materials
• C)maintenance, repair, and operating products
• D)accessory equipment

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Definitions:

Highest Level

The maximum or most advanced stage of development or achievement in a particular area.

Unionized Labor

Workforce that is organized into a union, negotiating collectively for wages, benefits, and working conditions.

Wage Increase

An upward adjustment in employees' earnings per hour worked or salary.