The Cost-Of-Goods-Sold Model Is

question 24

Multiple Choice

The cost-of-goods-sold model is:

• A)beginning inventory,plus purchases,plus ending inventory equals cost of goods sold.
• B)beginning inventory,less purchases,less ending inventory equals cost of goods sold.
• C)beginning inventory,plus purchases,less ending inventory equals cost of goods sold.
• D)beginning inventory,less purchases,plus ending inventory equals cost of goods sold.