The Principal Difference Between a Merchandising and a Manufacturing Income

question 87

Multiple Choice

The principal difference between a merchandising and a manufacturing income statement is the

• A) cost of goods sold section.
• B) extraordinary item section.
• C) operating expense section.
• D) revenue section.

---

Definitions:

Ready-made Card

A pre-designed card, often used for greeting or gifting, available for direct purchase without the need for customization.

Personally Written

Refers to content or documents that are composed by an individual, reflecting their personal style or thoughts, rather than being generated by a third party or software.

Condolences

Expressions of sympathy and sorrow offered to someone who is experiencing grief from a loss, typically in the form of a message or gesture.

Deceased Person

An individual who has passed away.