Which of the Following Would NOT Be Found on the Income

question 126

Multiple Choice

Which of the following would NOT be found on the income statement of a service organization?

• A)selling expenses
• B)gross margin
• C)operating income
• D)cost of goods sold

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Definitions:

Birth Control

Methods or devices used to prevent pregnancy.

Oral Contraceptives

Birth control pills that prevent pregnancy by inhibiting ovulation, taken orally.

Nursing Mothers

Women who are breastfeeding their infants, providing them with nutrients and antibodies through breast milk.