Which of the Following Formulas Determine Cost of Goods Sold

question 115

Multiple Choice

Which of the following formulas determine cost of goods sold in a manufacturing entity?

• A) Beginning work-in-process inventory + Cost of goods manufactured - Ending work-in-process inventory = Cost of goods sold
• B) Beginning work-in-process inventory + Cost of goods manufactured + Ending work-in-process inventory = Cost of goods sold
• C) Cost of goods manufactured - Beginning finished goods inventory - Ending finished goods inventory = Cost of goods sold
• D) Cost of goods manufactured + Beginning finished goods inventory - Ending finished goods inventory = Cost of goods sold

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Definitions:

Instructional Design

The practice of creating educational and training programs in a consistent and reliable fashion to improve learning and performance.

Training Objectives

Specific goals that describe what learners should know or be able to do as a result of a training program.

Training Delivery Activity

The act or process of conducting and managing training sessions to transfer knowledge or skills to participants.

Kirkpatrick's Four Levels

A model for evaluating the effectiveness of training programs, consisting of four levels: reaction, learning, behavior, and results.