Ending inventory is subtracted from the cost of goods available for sale in determining the cost of goods sold.

______ relates to the formal framework around which tasks are organized and responsibilities allocated within an organization.

A. Culture B. Environment C. Structure D. Management approach E. Shareholder expectations

A(n) ________ is a person who has physical possession of a bill or note that was drawn, issued, or endorsed to him or her, or to his or her order, or to the bearer, or in blank

A. accommodation endorser B. holder C. assignor D. acceptor