Which of the Following Is not Considered in Computing Net

question 193

Multiple Choice

Which of the following is not considered in computing net cost of purchases?

• A)Purchases returns and allowances
• B)Purchases
• C)Freight paid on purchased goods
• D)Freight paid on goods shipped to customers

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Definitions:

Ideology

A system of ideas, beliefs, and values that reflects and supports the interests of a particular group or society.

Sociological Perspective

A view of society based on the dynamic relationships between individuals and the larger social network in which we all live.

Social Inequality

Disparities in opportunities and rewards are present across different social standings or roles within a society or group.

Social Stratification

The arrangement of individuals and groups in a hierarchical system within society, often based on factors like wealth, power, and social status.