Choose the Word or Phrase in [ ] Which Will

question 65

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-[Market | Business] risk results from the behavior of investors that may cause security prices to fluctuate.

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Definitions:

Finished Goods

Finished goods that are prepared and available to be bought by customers.

Work in Process Inventory

Inventory that is in the process of being manufactured but is not yet complete.

Direct Materials Inventory

Raw materials that are directly used in the production process and can be easily traced to the finished product.

Finished Goods Inventory

The stock of completed products that are ready to be sold but are still in inventory.