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CH06: Inventory An item must possess two characteristics to be classified as inventory. What are those two characteristics? Give inventory examples for a company such

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CH06: Inventory An item must possess two characteristics to be classified as inventory. What are those two characteristics? Give inventory examples for a company such as COSCO, Ford Motors, etc. You can select your on business for your example. To get the most points from this discussion, please provide: 1. Theoretical definition and your own explanation. 2. Your examples. 3. Review 2 or more classmates answers and make a suggestion, recommendation, or explain why you do like or dislike their answer. Please note that answers like "good explanation", "I agree with your response" will not count for your grade

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