x

Subject - Business Ethics:

Business Finance

MCQ - 8-2113

Question:

Which of the following costs are reported on the income statement as the cost of goods sold?

  1. Product cost
  2. Period cost
  3. Both product cost and period cost
  4. Period cost

Correct Answer: C

Explanation:

none

Record Performance

80 MCQ for effective preparation of the test of Business Finance of Business Ethics section.

Read the MCQ statement: Which of the following costs are reported on the income statement as the cost of goods sold? , keenly and apply the method you have learn through the video lessons for Business Finance to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 8-2113.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

Share This Page