WGU
C720
Objective
Assessment
and
Math
Review
2024/2025
Questions
&
Answers
Verified
Answers
A+
Guaranteed!!
(ALL
ANSWERS
100%
CORRECT)
Type
of
Inventory
These
part
and
materials
are
obtained
from
suppliers
and
are
used
in
the
production
process.
-
ANSWER
Raw
Materials
Type
of
Inventory
These
are
partly
finished
parts,
components,
subassemblies,
or
modules
-
ANSWER
Work-in-process
(WIP)
Type
of
Inventory
Items
are
ready
to
ship
to
the
customer .
No
more
work
required
-
ANSWER
Finished
Goods
Type
of
Inventory
These
are
maintained
to
replace
other
parts
in
machinery
or
equipment
as
those
parts
wear
out.
-
ANSWER
Replacement
parts
inventory
Type
of
Inventory
Parts
or
materials
are
used
to
support
the
production
process
but
not
usually
a
component
of
the
product.
These
items
such
as
lubricant
and
cutting
tools,
are
consumed
in
the
production
process.
-
ANSWER
Supplies
Type
of
Inventory
The
portion
of
the
inventory
that
is
in
the
process
of
being
shipped
through
the
distribution
system.
-
ANSWER
Transportation
(pipeline)
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