Energy That Is Associated with the Position or Composition of an Object

question 129

Multiple Choice

Energy that is associated with the position or composition of an object is called

• A) kinetic energy.
• B) thermal energy.
• C) potential energy.
• D) chemical energy.

---

Definitions:

Finished Goods Inventory

Inventory of finished goods available for sale but not yet purchased.

Raw Materials Production

The process involved in generating or extracting the basic materials that are subsequently processed to become components or products.

Production Budget

An estimate of the cost to manufacture a set of products in a specified period.

Raw Materials Inventory

The value of all the materials that are yet to be used in manufacturing.