Which of the Following Defines Cost of Goods Sold Expenses

question 5

Multiple Choice

Which of the following defines Cost of goods sold expenses?

• A)Costs incurred in getting goods ready for sale,including purchase cost
• B)Costs associated with selling the goods or services of the business
• C)Costs of running the office functions and other costs that do not fit in any other category
• D)Costs associated with borrowing money to operate the business,as well as costs to provide credit to customers,bad debts and discount