According to the Text, Which of the Following Functions Did

question 12

Multiple Choice

According to the text, which of the following functions did khipu NOT serve in Inkan culture?

• A) recording inventories of grain
• B) keeping track of debts
• C) population censuses
• D) serving as currency for trading with Spanish colonizers

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Definitions:

Cost Of Goods Purchased

The cost of goods purchased is the total expense a company incurs to buy the goods that it sells to customers, excluding costs associated with production or manufacturing.

Gross Profit Rate

A financial metric that indicates the percentage of revenue that exceeds the cost of goods sold.

Cost Of Goods Sold

Expenses explicitly tied to the production of a company's sold goods, comprising costs of materials and labor.

Net Sales

Total sales revenue minus returns, allowances, and discounts, representing the actual revenue earned from sales.