Which of the Following Would NOT Be an Example of a Manufacturer

question 1

Multiple Choice

Which of the following would NOT be an example of a manufacturer of illness?

• A) cigarette companies
• B) food processors
• C) the American Medical Association
• D) the automobile industry

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Definitions:

Market

A venue or mechanism where buyers and sellers engage in the exchange of goods, services, or financial instruments.

LIFO Inventory

An inventory valuation method where the last items added to inventory are the first ones to be used or sold.

Merchandise Inventory

Goods that a company holds for the purpose of selling them to customers, often a significant asset on the balance sheet for retailers.