Examlex
Which of the following cost is included in cost of goods sold?
Profit Sharing
A company policy where employees receive a portion of the company's profits in addition to their regular compensation.
Vicariously Liable
A legal principle where one party is held responsible for the actions or omissions of another, such as an employer for their employees.
Spare Time
The time that someone has free from their employment or other obligations, often used for relaxation or personal activities.
Serious Motor Vehicle
Refers to motor vehicles involved in substantial accidents or incidents that result in serious injuries or fatalities.
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