Which type of account is cost of goods sold?

a. An asset account
b. A liability account
c. An expense account
d. An income account


C

Business

You might also like to view...

The ____________________ is the length of time generally required for a business to buy inventory, sell it, and collect the cash

Fill in the blank(s) with correct word

Business

Harris Brown, the marketing manager at a small retail chain, wants to assess his firm's strengths, opportunities, weaknesses, and threats. Which of the following would be best suited for his purpose?

A) SWOT analysis B) cluster analysis C) portfolio analysis D) regression analysis E) Porter's five forces analysis

Business

According to ERC respondents, the most common form of retaliation experienced by those who reported misconduct came in the form of ______.

a. lost pay or bonuses b. lost job c. abuse by coworkers d. altered treatment by managers

Business

Punishment for the violation of the mens rea requirement is generally more severe than it is for wrongful behavior

Indicate whether the statement is true or false

Business