Which of the Following Is Not Considered in Computing Net

question 66

Multiple Choice

Which of the following is not considered in computing net cost of purchases?

• A)Freight-out expenses
• B)Purchases
• C)Freight paid on purchased goods
• D)Purchases returns and allowances

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Definitions:

Conciliator

A neutral third party who assists in resolving disputes by improving communication between the parties, without having the authority to impose a solution.

Negotiations

The process of discussing and coming to an agreement between parties with differing interests.