Examlex
Which of the following items is NOT included in comprehensive income?
Inventory System
A system for tracking inventory levels, orders, sales, and deliveries, which can be manual or technologically driven, helping businesses manage their stock efficiently.
Cost Of Goods Sold
The total cost associated with making or buying products that a company has sold during a specific period.
Gross Profit
The financial gain achieved after deducting the cost of goods sold from total sales revenue, not including other operating expenses, interest, or taxes.
Decreasing Costs
A situation where a company experiences a reduction in the total cost of production or operation over time, often through economies of scale or improved efficiency.
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