Examlex
Which of the following best describes a normative judgment?
Cost of Goods Sold
The immediate expenses related to the manufacture of goods a company sells, which includes materials and labor.
Freight-In
The cost associated with transporting goods into a place of business, usually considered part of the inventory cost.
Credit Sales
Transactions where goods or services are sold by a business and payment is received at a later date.
List Prices
List prices refer to the advertised or official price of a product before any discounts or reductions are applied.
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