Examveda
Examveda

Inventory of final goods that are not yet sold is called

A. finished goods inventory

B. indirect material inventory

C. direct materials inventory

D. work in process inventory

Answer: Option A

Solution(By Examveda Team)

Inventory of final goods that are not yet sold is called finished goods inventory. Finished goods inventory refers to the number of manufactured products in stock that are available for customers to purchase.

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