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

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.

List the four types of inventory.

Definitions

Learning Objectives

Learning Objectives

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