Examlex
Which of the following is not required to become a certified internal auditor (CIA) ?
Gross Profit
The financial gain made after subtracting the cost of goods sold from the total sales revenue.
Net Sales
Net sales is the revenue from sales of goods or services after subtracting returns, allowances for damaged or missing goods, and discounts.
Inventory Available
The total quantity of goods a company has on hand for sale at any given time, including both finished goods and goods in production.
Current Asset
Assets that are expected to be converted into cash, sold, or consumed within one year or within the company’s normal operating cycle if longer.
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