Which One of the Following Accounts Most Likely Would Appear

question 28

Multiple Choice

Which one of the following accounts most likely would appear on the income statement of a merchandise company, but not on the income statement of a service company?

• A)Cost of Goods Sold
• B)Selling Expenses
• C)Administrative Expenses
• D)Income Tax Expense

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Definitions:

Freud's Perspective

A theoretical approach to psychology and human behavior developed by Sigmund Freud, focusing on unconscious motivations and conflicts.

Unconscious Desire

Wishes or wants that influence behavior and thought processes without the individual's conscious recognition.

REM Behavior Disorder

A sleep disorder in which sufferers physically act out vivid, often unpleasant dreams with vocal sounds and sudden, violent arm and leg movements.

Narcolepsy

A chronic sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep, often linked to a deficiency in the brain neurotransmitter orexin.