Which one of the following statements is true? - 15546

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Which one of the following statements is true?
    

A manufacturing company will normally have raw materials, work in process, and finished goods as inventory account classifications.
     A merchandising company will normally have raw materials, work in process, and finished goods as inventory account classifications.
     A merchandising company will normally have raw materials and merchandise inventory as inventory account classifications.
     A manufacturing company will normally have raw materials, work in process, and merchandise inventory as inventory account classifications.
                                       

Solution Description

 

Which one of the following statements is true?

http://edugen.wileyplus.com/edugen/art/test/radio_on.gif

A manufacturing company will normally have raw materials, work in process, and finished goods as inventory account classifications.