What do you call items that are sold by the company but were not purchased?

The correct classification for items that are sold by the company but were not purchased is best described as non-inventory items. Non-inventory items can include items such as services, fees, or other goods that might not have a physical presence in inventory but can still be sold to customers.

These items are crucial for businesses because they allow for a wider range of offerings beyond traditional physical products. For instance, a business might sell digital products, subscriptions, or services that are performed rather than physical goods requiring stock management.

In contrast, the other options refer specifically to inventory or purchasing aspects. For sale items could imply a more general category that doesn’t differentiate whether they are inventory or non-inventory. For purchase items suggests a focus on what the company might acquire rather than what it sells. Inventory items are those that have been purchased and are held for sale, which does not apply to items that are sold but were not acquired in that way. Therefore, understanding the correct terminology helps in effectively managing product offerings and inventory systems.