The difference between merchandise available for sale and the cost of goods sold is that the cost of goods sold includes _____

a. beginning inventory
b. operating expenses
c. transportation charges
d. ending inventory

d

Business

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The use of alternative accounting methods

a. is not a problem in ratio analysis because the footnotes disclose the method used. b. may be a problem in ratio analysis even if disclosed. c. is not a problem in ratio analysis since eventually all methods will lead to the same end. d. is only a problem in ratio analysis with respect to inventory.

Business

Methodology and patterns are the same and both provide the outline of a solution

Indicate whether the statement is true or false

Business