Which of the Following Is True of Net Sales Revenue

question 36

Multiple Choice

Which of the following is true of net sales revenue?

• A)It is calculated by subtracting cost of goods sold from sales.
• B)It is calculated by adding sales discounts to sales.
• C)It is calculated by adding sales discounts and sales returns and allowances to sales.
• D)It is calculated by deducting sales discounts and sales returns and allowances from sales.

---

Definitions:

Discrete Probability Distribution

A statistical distribution that shows the probabilities of outcomes with distinct values.

Standard Deviation

A metric that quantifies the spread or variation of a data collection in comparison to its average value.

Probability Distribution

Describes how probabilities are distributed over the values of a random variable; it's a mathematical function showing the likelihood of different outcomes.

Defective Bolts

A term referring to bolts that fail to meet quality standards or specifications, potentially leading to failures in applications.