CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

Which of the following is an example of an intermediate product?

A. A pair of skis sold by a sporting goods retailer to a skier
B. A share of IBM stock
C. The lumber produced by Boise Cascade and sold to a builder of new houses
D. An antique car sold to the highest bidder
Correct Answer: C

Intermediate products are products used as inputs in the production of some other product.

User Contributed Comments 1

User Comment
really B is also not a final product
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