How should companies with more than one revenue source report revenue and cost of goods sold?
a. Each revenue source should be reported separately, but all cost of goods sold should be added together and reported as a single amount.
b. The revenues and cost of goods sold should be netted together and reported as a single line item.
c. All revenue sources should be added together and shown as one line item and all cost of goods sold should be added together and shown as one line item.
d. Each revenue line should be shown separately with a corresponding cost of goods sold line for each revenue source.
b
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Interest paid on credit cards and charge accounts may be deducted from your taxes.
a. true b. false
Speaking from notes or an outline is often effective because
A) you can look at the notes instead of at your audience. B) you can maintain a natural speaking flow. C) it reduces the likelihood that you will improvise. D) it enables you to read the presentation word-for-word. E) it takes far less time to prepare than writing out the entire presentation.