Match the Inventory-Related Accounts to Costs That May Be Included

question 220

Multiple Choice

Match the inventory-related accounts to costs that may be included in inventories for retailers and manufacturers.
-Costs of completed items that have been sold to customers.

• A)merchandise inventory
• B)raw materials
• C)work-in-process
• D)finished goods
• E)cost of goods sold

---

Definitions:

Life Expectancy

The average period that a person is expected to live based on demographic factors such as age, gender, and health conditions.

Symptoms of Depression

Indicators of depression, including persistent sadness, loss of interest in activities, changes in appetite or weight, sleep disturbances, and feelings of worthlessness.

Life Stress

Psychological strain or pressure that arises from various aspects of one's daily life, including work, relationships, and financial challenges.

Positive Correlation

A relationship between two variables in which both variables move in the same direction, meaning as one variable increases, so does the other, and vice versa.