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What stakeholder group is being protected when managers follow proper procedures and strive to be accurate and candid in assessing future growth?
Raw Material
The basic materials from which products are made, typically unprocessed or minimally processed resources.
Finished Product
Items that have completed the manufacturing process and are ready for sale to customers.
End-Of-Month Inventory
The total value of all inventory held by a company at the end of the month, including raw materials, work in progress, and finished goods.
Next Month's Sales
An estimate or projection of the revenue a company expects to generate from the sale of goods or services in the upcoming month.
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