Which of the Following Items Appears Only in a Manufacturing

question 154

Multiple Choice

Which of the following items appears only in a manufacturing company's financial statements?

• A) Cost of goods sold.
• B) Cost of goods manufactured.
• C) Goods available for sale.
• D) Gross profit.
• E) Net income.

---

Definitions:

ADR

Alternative Dispute Resolution (ADR) is a set of techniques for resolving conflicts outside of the courts, such as arbitration or mediation.

Litigation

The process of taking legal action; the series of actions involved in suing someone or responding to a lawsuit.

Arbitration

Arbitration is a form of alternative dispute resolution where a neutral third party makes a binding decision to resolve a dispute, outside of court.

Environmental Disputes

Conflicts arising from the impact of human activities on the natural environment, often involving issues of conservation, pollution, and resource management.