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A Finished goods B Work-in-progress C Stored and spares D Advance payments made to suppliers for raw materials
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Solution
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Raw materials, work in progress, and finished goods are the three main categories of inventory that areaccounted for in a company's financial statements. Advance payments to suppliersare a part of other current assets. Hence, option (d) is correct.Correct option is D. Advance payments made to suppliers for raw materials
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