Examlex
Which of the following are used in a business information set?
Common Supplies
Tangible items used in daily operations that are considered current assets, such as office supplies.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company.
Advertising Expense
Costs incurred in promoting products, services, or the brand as a whole, typically classified as operating expenses on the income statement.
Gross Sales
The total sales generated by a business before any deductions are made for returns, allowances, and discounts.
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