Examlex
Which of the following is not an external regulator of stock brokerage houses and stock exchanges?
Inventory Account
An accounting record that tracks the cost of goods available for sale or used in production.
Perpetual Inventory System
An accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Gross Profit
The difference between the revenue generated from selling goods or services and the cost of those goods sold, excluding other operating expenses.
Cost Of Goods Sold
The direct costs attributable to the production of goods sold by a company, including materials and labor, used in calculating gross profit.
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