Which of the Following Describes Net Sales Revenue

question 89

Multiple Choice

Which of the following describes Net sales revenue?

• A)Sales less Cost of sales
• B)Sales less Sales discounts
• C)Sales less Sales discounts less Sales returns and allowances
• D)Sales less Sales returns and allowances

---

Definitions:

Product Cost

The total expense incurred to produce and make ready for sale a product, including direct materials, labor, and overhead costs.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision.

Total Expected Cost

A projection of the total costs associated with a project or business activity, including both fixed and variable costs.

Variable Costs

Costs that vary depending on the amount of production or business operations.