Net Sales

question 70

Multiple Choice

Net sales:

• A)is determined by adding total sales for the accounting period
• B)is calculated once profit after all expenses are paid
• C)is determined once profit after cost of goods sold is deducted
• D)deducts sales discount and returns and allowances from gross sales deducting sales discount and returns and allowances from gross sales
• E)is calculated by deducting revenues from gross sales

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Definitions:

Single-trait Approach

The single-trait approach in psychology focuses on one particular trait to determine its impacts and how it interacts with various behaviors and outcomes.

Many-trait Approach

A method in personality psychology that examines a wide range of traits to understand the complexity of human behavior.

Essential-trait Approach

This approach focuses on identifying the most critical and fundamental personality traits that can comprehensively describe human behavior.

Typological Approach

A method in psychology that categorizes individuals into specific types based on particular traits or behaviors.