Procter and Gamble Buys Unprocessed Logs Which Are Handled as Little

question 53

Multiple Choice

Procter and Gamble buys unprocessed logs which are handled as little as needed to move them to its plant. Eventually, they become part of P and G's disposable diapers and are considered an expense item on P and G's income statement. For P and G, logs are:

• A) farm products.
• B) supplies.
• C) component parts.
• D) component materials.
• E) raw materials.

---

Definitions:

Administrative Tool

A software utility or application provided within an operating system or software package to assist in managing system or application settings and configurations.

Reliable

Describes something or someone that is consistently good in quality or performance, able to be trusted.

Local Area Network (LAN)

A network that connects computers and devices in a limited geographical area, such as a home, school, or office building, allowing for shared resources.

Geographic Area

A specific physical location on the Earth's surface, defined by natural or artificial boundaries.