Management Notes

Reference Notes for Management

Which of the following is not true about final goods ?

Which of the following is not true about final goods ?

Which of the following is not true about final goods ?

 Options:

A. final gods satisfy wants of ultimate consumers and producers.
B. final goods have direct demand as they satisfy the wants directly.
C. final goods are subject to further transformation in the process of production.
D. final goods are neither used up as raw-material nor for resale in the same year.

The Correct Answer Is:

C. final goods are subject to further transformation in the process of production.

Read more