Ending inventory:
A) increases Cost of Goods Sold.
B) decreases Cost of Goods Sold.
C) does not affect Cost of Goods Sold.
D) increases Sales.
Answer: B
Business
You might also like to view...
Trade secrets are confidential information or knowledge that has commercial value, is in the public domain and for which steps have been taken to keep it secret
Indicate whether the statement is true or false
Business
One problem with prototyping is that the systems constructed may not be able to handle large quantities of data in a production environment
Indicate whether the statement is true or false
Business