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.

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Definitions:

Incentive Approaches

Theories of motivation in which behavior is explained as a response to the external stimulus and its rewarding properties.

Internal Stimuli

Signals originating from within the body that influence feelings, thoughts, or behaviors, such as hunger, pain, or internal emotional states.

Innate Patterns

Fixed sequences of behavior or instincts present in animals from birth, not learned from experience, and manifest under certain conditions to ensure survival.

Biologically Determined

Characteristics or behaviors that are influenced by genetic makeup or inherent in the biology of an organism.