What Is the Calculation of Closing Inventory for a Finished

question 77

Multiple Choice

What is the calculation of closing inventory for a finished goods inventory budget?

• A)(Opening balance plus inventories manufactured)less sales of finished goods
• B)(Opening balance plus sales of finished goods)less inventories manufactured
• C)(Opening balance plus inventories manufactured)plus cash sales of finished goods
• D)None of the above

---

Definitions:

Group Sales Presentation

A sales pitch or demonstration presented to multiple prospective customers at once.

Summary Of Benefits

A concise outline of the advantages or positive aspects of a product, service, or plan, meant to highlight its value to prospective buyers or participants.

Proposal Document

A written offer or plan put forward for consideration or discussion by others, especially in a professional or business context.

Group Presentation

Group Presentation is a method of delivering information or a pitch to a collective audience, typically for educational, proposal, or sales purposes.