Asked by kyaira jackson on Jun 19, 2024
Verified
List the four types of inventory.
Types Of Inventory
Types Of Inventory categorize stock into various forms such as raw materials, work-in-progress, and finished goods, each serving different roles in production and sales processes.
- Gain an understanding of the essential concepts and functionalities of inventory management.
Verified Answer
SL
Sharon LindseyJun 23, 2024
Final Answer :
The four types of inventory are raw material, work-in-process, maintenance/repair/operating supply (MRO), and finished goods.
Learning Objectives
- Gain an understanding of the essential concepts and functionalities of inventory management.
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