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A software company uses engineers in India to perform maintenance functions on software designed in the United States,and it also uses Indian accountants to compile tax returns.According to this information,the U.S.based company is most likely using:
Cost Of Goods Sold
The direct costs attributable to the production of the goods sold in a company, including material and labor costs.
Ending Finished Goods Inventory
The value of all the finished goods available for sale at the end of an accounting period.
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