Which of the Following Is Not Reported on the Income

question 90

Multiple Choice

Which of the following is not reported on the income statement of a manufacturing firm?

• A) cost of goods sold
• B) administrative and selling expenses
• C) work in progress
• D) marketing and distribution costs

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Definitions:

Media

Various means of communication, such as television, radio, newspapers, and the internet, that reach or influence people widely.

Channel

The medium through which a message is transmitted from sender to receiver, such as email, text, or face-to-face communication.

Data Consumption

The process of using or processing data by downloading, viewing, or engaging with digital content.

Mobile Devices

Portable electronic devices that have the capability of accessing the internet, such as smartphones and tablets.