Which of the Following Is the Kind of Inventory a Manufacturer

question 96

Multiple Choice

Which of the following is the kind of inventory a manufacturer would keep in stock?

• A)supplier materials  
• B)nonrenewable materials  
• C)component parts  
• D)shelving

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Definitions:

Overhaul The Engine

The process of taking apart an engine, cleaning, repairing, or replacing its components, and reassembling it to improve performance or extend its life.

Good Faith

The honest intention to act without taking an unfair advantage over another party in a transaction.

Unenforceable

Not capable of being executed or enforced under the law or in practice.

Additional Consideration

Additional or extra benefits or compensation given above what was originally agreed upon in a contract or agreement.