Which of the Following Is Not a Component of the Gross

question 53

Multiple Choice

Which of the following is not a component of the gross profit calculation?

• A)Cost of sales.
• B)Sales returns and allowances.
• C)Allowance for doubtful accounts.
• D)Credit card discounts.

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Definitions:

Refusal Message

A communication used to inform someone that their request or proposal has been denied.

E-mail

A method of sending messages electronically from one computer user to one or more recipients via a network.

Social Networks

Online platforms that allow users to create public profiles, interact with real-life friends, and meet other people based on shared interests or activities.

Complaints

Expressions of dissatisfaction or grievances about a situation, product, or service.