In Order to Remove the Cost of Items Sold from Inventory

question 15

True/False

In order to remove the cost of items sold from inventory, a unit cost must be determined.

---

Definitions:

Matrimony

The state of being married, also referred to as the institution of marriage.

Civil Unions

A legally recognized union of a couple, similar to marriage, which provides some but not all the rights and responsibilities of marriage under the law.

Same-sex Couples

Romantic or marital relationships between two individuals of the same gender.

Exchange of Property

The act of giving something of value to someone else in return for another item or service.