Which of the Following Is True of Finished Goods Inventory

question 45

Multiple Choice

Which of the following is true of Finished Goods Inventory?

• A) Finished Goods Inventory is an account used by a manufacturer and includes completed goods that have not yet been sold.
• B) Finished Goods Inventory is an account used by a merchandiser and includes completed goods that have not yet been sold.
• C) Finished Goods Inventory is an account used by service companies in lieu of raw materials inventory.
• D) Finished Goods Inventory is an account used by a manufacturer in lieu of raw materials inventory.

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Definitions:

Infect

To contaminate a system, file, or application with malicious software or code.

Antivirus Software

Programs designed to detect, prevent, and remove malware, including viruses, from computers and networks.

Personal Firewalls

Security software designed to protect individual computers from unauthorized access or attacks over the Internet.

Logical Ports

Virtual communication endpoints used by computer applications to share information over a network.